Tag: Central Bank of Egypt

CBE will not hold exceptional tender Thursday: Genena

The CBE's governor said foreign exchange reserves will not be used, described…

Mohamed Ayyad Mohamed Ayyad

CBE instructs exchange bureaux to buy US dollars at EGP 13, sell at EGP 14.35

Exchange bureaux companies operating in the Egyptian market began on Thursday morning…

Hossam Mounir Hossam Mounir

CBE poses exceptional tender for $100m

The tender will cover open currency positions in foreign currency at banks

Hossam Mounir Hossam Mounir

Economic Affairs Committee to propose exchange bureaux be obliged to deposit US dollars at CBE for 5 years

There are 91 currency exchange companies, some of which own 20 branches,…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Government to determine commodity profit margins with FEDCOC, FEI next week: Prime Minister

Government in full coordination with CBE to overcome the US dollar crisis

Daily News Egypt Daily News Egypt

33 banks offer investments worth EGP 278.85bn in CBE’s deposit operation

Thirty-three banks operating in the domestic market offered investments worth EGP 278.85bn…

Hossam Mounir Hossam Mounir

State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE

Banking sector accounts for 77% of total outstanding balances of bills

Hossam Mounir Hossam Mounir

Domestic public debt jumps to EGP 2.612tr as of end of June: CBE

The government’s net debt amounted to EGP 2.286tr during FY 2015/2016, an…

Hossam Mounir Hossam Mounir

State of uncertainty over devaluation of Egyptian pound after president meets CBE governor

A senior banker ruled out any move by the CBE before 11…

Hossam Mounir Hossam Mounir

CBE allocates $1.8bn to cover imports of strategic goods: Supply Minister

Establishment of a committee to set new eligibility standards for food subsidy…

Mohamed Samir Mohamed Samir