Tag: Central Bank of Egypt

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

CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt

The recent regulations did not include the foreign exchange, the CBE said…

Hossam Mounir

Industrial sector accounts for 32.6% of credit facilities in April: CBE

The industrial sector accounted for 32.6% of the total credit facilities granted…

Hossam Mounir

EGP devaluation: did the market misunderstand Amer or was confusion intended?

Amer had ruled out devaluation of the Egyptian pound before exchange reserves…

Hossam Mounir

EGX expected to range from 7,550 to 7,600 points during Sunday trading

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

Mohamed Ahmed

CBE considers 4 scenarios for future of the Egyptian pound against the dollar

The CBE is awaiting the entrance of US dollar flows estimated at…

Hossam Mounir

Bank loans to customers increase by EGP 13.2bn in April: CBE

Private sector received 74.8% of total loans

Hossam Mounir

The government asks for money, simply because it can: economics professor

Poor financial planning, using loans in the wrong projects are the largest…

Hisham Salah

Egypt external debt rises despite risks: experts

The domestic public debt also increased to EGP 2.496tn as of the…

Daily News Egypt