Tag: Central Bank of Egypt

$1 reaches EGP 7.47 on official selling market

CBE’s Monday dollar auction ended with $1 standing at EGP 7.43

Doaa Farid Doaa Farid

Pound value depreciation continues, dollar reaches EGP 7.34

Dollar’s value increases to EGP 7.38 at NBE and Banque Misr

Sara Aggour Sara Aggour

Oil diminishes interest rates

By Ahmed El-Wahsh Central Bank of Egypt (CBE) director, Hisham Ramez took…

Daily News Egypt Daily News Egypt

Falling EGP confirms Central Bank’s optimism, ensures foreign investors: DCode Consulting

On Thursday, the CBE’s Monetary Policy Committee lowered the interest rate for…

Mohamed Ayyad Mohamed Ayyad

EGP exchange rate drops against dollar

Dollar exchange rate is up 10 piasters in 2 days in Egyptian…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Gamal Negm addresses concerns over mass resignations of banking heads

More than 150 banking leaders submitted their resignations in recent days in…

Mohamed Ayyad Mohamed Ayyad

SMEs priority for finance ministry

Dimian revealed a study conducted by the government to set out a…

Mohamed Ayyad Mohamed Ayyad

Government to address obstacles facing entrepreneurship, SMEs: Mehleb

Bank branches in Upper Egypt and Nile Delta to facilitate funding for…

Daily News Egypt Daily News Egypt

External debt rises to $46.1bn at end of June 2014

Ratio of external debt to GDP registers 16.4% compared to 17.3% YoY,…

Sara Aggour Sara Aggour

International foreign reserves drop to $15.3bn

Egypt’s BOP recorded $410m surplus in Q1 2014/2015

Sara Aggour Sara Aggour