Interest rates for deposits set at 11.75%, lending at 12.75%: Monetary Policy Committee
The committee’s decision comes in an effort to control the rising rate…
Pro-SME strategy is an aeroplane without wings
Despite increasing focus by the government and the Central Bank of Egypt…
Dollar shortage created an inflationary recession in the local market: investors
Manufacturers rely on the informal market for US dollars, and securing 25%…
Inflation rate likely to rise next year: experts
Egypt’s core inflation rate climbed to its highest level in seven years…
High prices, inflation increase not behind CBE’s decision to keep pound’s price against US dollar: analysts
The devaluation of the Egyptian pound against the US dollar is one…
CBE stabilises US dollar exchange rate, further confuses market
The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate…
Banks obtained $26.8bn from the CBE to finance importing basic commodities from 30 December 2012 until 19 July 2016: CBE
The CBE held 462 regular auctions to sell $19.382bn as well as…
How can Al-Sisi fulfil his promise to solve the US dollar shortage in 170 days?
Stability of the foreign exchange market requires the government and the CBE…
EGX expected to stay at 7,400 during Sunday trading
Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…
CBE stabilises Egyptian pound against the US dollar at EGP 8.78
The CBE sold roughly $118.6bn to the banks through its tender.