Tag: Central Bank of Egypt

Foreign reserves drop to $17bn

International foreign reserves fall for the fourth consecutive month

Sara Aggour

Finance minister discusses current economic situation and challenges for next government

Galal discloses that the CBE has held onto a $9bn deposit since…

Doaa Farid

Foreign reserves fall to $ 17.76bn

Net foreign reserves drop for the third month in a row to…

Doaa Farid

Egyptian pound up at dollar sale, black market rates lower

The central bank said it sold $38.8m to banks at its auction,…

Daily News Egypt

Annual inflation reached 11.15% in October: CAPMAS

The urban consumer inflation rate rose to 10.4% in October

Daily News Egypt

Interest rates remain fixed as inflation rises: analysts

Central Bank decision to maintain interest rate was expected by analysts in…

Daily News Egypt

Kuwait extends Egypt’s time frame to repay $2bn deposit to five years

This decision will help Central Bank of Egypt to take long term…

Daily News Egypt

Foreign reserves decline to $18.7bn

$200m drop between August and September

Sara Aggour

Net foreign reserves surge to $18.91bn

Around $34m increase between July and August 2013

Sara Aggour

Central Bank of Egypt sells $1.3bn in its first exceptional auction

CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday…

Nada Badawi