Tag: Central Bank of Egypt

Pro-SME strategy is an aeroplane without wings

Despite increasing focus by the government and the Central Bank of Egypt…

Daily News Egypt Daily News Egypt

Dollar shortage created an inflationary recession in the local market: investors

Manufacturers rely on the informal market for US dollars, and securing 25%…

Hisham Salah Hisham Salah

Inflation rate likely to rise next year: experts

Egypt’s core inflation rate climbed to its highest level in seven years…

Hisham Salah Hisham Salah

CBE stabilises US dollar exchange rate, further confuses market

The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

EGX expected to stay at 7,400 during Sunday trading

Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…

Mohamed Ahmed Mohamed Ahmed

CBE stabilises Egyptian pound against the US dollar at EGP 8.78

The CBE sold roughly $118.6bn to the banks through its tender.

Hossam Mounir Hossam Mounir