Tag: Central Bank of Egypt

CBE pumped $8.3bn to cover imports between 29 October and 12 December: Amer

The Central Bank of Egypt (CBE) has pumped $8.3bn between 29 October…

Hossam Mounir

Annual inflation rises to 11.8% YoY in November

Figure compares to 8.5% registered in the same period the preceding year

Menna Samir

External debt drops $2bn over 3 months

Rate of increase in bank loans outstrips deposits for first time ever

Hossam Mounir

Banks adopt strict measures to issue new letters of credit

The CBE evaluates the banks' cooperation in providing the foreign currency through…

Hossam Mounir

Amer seeks banks’ support to overcome dollar shortages

Official letter calls for banks to maximise foreign exchange, working with foreign…

Hossam Mounir

CBE issues exceptional offer to pump dollars in banks to meet import needs

Tarek Amer met with President Abdel Fattah Al-Sisi Wednesday to present his…

Hossam Mounir

Amer heads new CBE board meeting Sunday

Market awaits Amer's new decisions on exchange rate, dollar deposit caps, and…

Hossam Mounir

CBE to inject $1bn after new governor officially takes office

Last week CBE issued $1bn as part of bank’s plan to flood…

Menna Samir

Ghabbour calls to decrease EGP value, prioritise industrial sector

Amer should treat exchange companies as partners, says Ghabbour

Doaa Farid