Tag: Central Bank of Egypt

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

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January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007

5 January 1899 saw the issuance of the first Egyptian paper banknote,…

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Printing cash done in accordance to regulations, commitment to economic, legal measures: CBE

The annual growth of banknote issuance is usually proportionate to annual GDP…

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EGX expected to move between 7,050 and 7,300 points this week

EGX closed at 7,182.8 points on Monday, with a 2.88% increase.

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CBE forced to issue new banknotes monthly due to low state resources, high expenditure: banking expert

The CBE has increased its issuance of banknotes since January 2011, due…

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EGP 6.8bn increase in banknotes printed in March 2016: CBE

EGP 200 banknotes accounted for 52.1% of the total banknotes issued; EGP…

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Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE

The global drop in oil prices has led to a decline in…

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$5.8bn in FDI recorded over first nine months of FY 2015/2016

The CBE said in a statement on Sunday that the net inflows…

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$26m increase in CBE’s foreign exchange reserves in June

The value of gold included in the reserves increased to $2.602bn in…

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Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE

The CBE said in a statement on its website on Sunday that…

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