Tag: Central Bank of Egypt

Foreign reserves fall $200m

International foreign currency reserves record $17.28bn in May, down from $17.48bn in…

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Domestic public debt rises to 83.3% of GDP in first quarter of 2014: CBE

Central bank reports estimates net external debt rose by 5.8%, as a…

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Egyptian pound continues to depreciate against US dollar

The value of $1 stands at EGP 7.16 on 22 May, compared…

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Bank of America expects continued EGP depreciation

EGP value against dollar slumps after CBE’s foreign exchange auction to record…

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CBE sells $1.1bn to banks in ‘exceptional auction’

Banks are required to apply with the amount of US dollars needed…

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MENA monetary policy is expansionary and will remain so: Emirates NBD

Egypt’s credit grew 20.7% year on year in January

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Loan assets in banks increased by EGP 3.6bn in February: CBE

Central bank says loans granted to the government slumped by EGP 739m,…

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CBE keeps interest rates on hold for third consecutive time

Bank says decision aims to balance increasing annual inflation rates, sluggish economic…

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Egyptian Gulf Bank gives EGP 300m to low-income housing project

The bank is one of several supporting the construction of 10,000 housing…

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Egyptian pound weakens at C.Bank dollar sale, on black market

Reuters - The Egyptian pound weakened at a central bank dollar auction…

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