Tag: Central Bank of Egypt

US dollar exchange rate against Egyptian pound continues to rise at banks, CBE on Thursday

Prior to the CBE’s decision to float the currency on 3 November,…

Mohamed Samir

Interest rates remain unchanged by the CBE

Analysts expect these rates to remain unchanged for three to six months

Hossam Mounir

Banking sector secures financing to import $2.5bn worth of food commodities, medicine: CBE

$1.5bn allocated to import intermediate goods and raw materials for production; $414.6m…

Hossam Mounir

Dollar records its highest level against Egyptian pound this week

The official rate for the dollar at the CBE on Thursday registered…

Hossam Mounir

Highly expected that basic interest to remain unchanged on Thursday

Current interest rates on the pound may remain unchanged for three to…

Hossam Mounir

Egyptian banks emerge as net winners post-25 January Revolution

Financial Times—Egyptian banks emerged as net winners after the 25 January Revolution…

Daily News Egypt

US dollar price varies at banks, CBE on Tuesday

Bankers expect the greenback to change hands at EGP 15-16 for three…

Hossam Mounir

US dollar price falls even further at CBE, banks while EGX profits EGP 9.3bn

The price of the US dollar dropped below EGP 16, with expectations…

Hossam Mounir

CBE instructs banks in some areas to remain closed on 11 November

The CBE’s measure comes as a precaution for violence that may occur…

Hossam Mounir

Will Egypt follow the example of Brazil or Argentina in dealing with the IMF?

Following the implementation of all of the International Monetary Fund’s (IMF) preconditions…

Shaimaa Al-Aees