Restored confidence in Egypt’s economy to improve currency exchange rate: CBE
Deputy Governor of Central Bank says stimulating national economy, working on bank…
Foreign reserves fall $200m
International foreign currency reserves record $17.28bn in May, down from $17.48bn in…
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…
Egyptian pound continues to depreciate against US dollar
The value of $1 stands at EGP 7.16 on 22 May, compared…
Bank of America expects continued EGP depreciation
EGP value against dollar slumps after CBE’s foreign exchange auction to record…
CBE sells $1.1bn to banks in ‘exceptional auction’
Banks are required to apply with the amount of US dollars needed…
MENA monetary policy is expansionary and will remain so: Emirates NBD
Egypt’s credit grew 20.7% year on year in January
Loan assets in banks increased by EGP 3.6bn in February: CBE
Central bank says loans granted to the government slumped by EGP 739m,…
CBE keeps interest rates on hold for third consecutive time
Bank says decision aims to balance increasing annual inflation rates, sluggish economic…
Egyptian Gulf Bank gives EGP 300m to low-income housing project
The bank is one of several supporting the construction of 10,000 housing…