US dollar exchange records EGP 18.25 at banks on Thursday
The US dollar exchange rate against the Egyptian pound witnessed huge fluctuations…
Ministry of Finance to close budgetary accounts of 179 units of measure
Accounts to be transferred to the single treasury account at the CBE…
Trade exchange between Egypt and outside world falls to $75bn in FY 2015/2016: CBE
Imports decline by $4.99bn, exports down by $3.54bn
CashU to negotiate with CBE for new package of payment solutions next year
40,000 users of CashU in Egypt, 2.3 million across the Arab world
Credit facilities granted by banks to their clients in August increased by EGP 12.3bn: CBE
Private sector accounts for 59.4% of the total facilities, deposits increase by…
CBE allows banks to direct part of US dollar-denominated proceeds to cover temporary overdrafts on customer accounts
The Central Bank of Egypt (CBE) has allowed banks working in the…
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,…
Interest rates remain unchanged by the CBE
Analysts expect these rates to remain unchanged for three to six months
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…
Dollar records its highest level against Egyptian pound this week
The official rate for the dollar at the CBE on Thursday registered…