Tag: central bank

Forex policies successful, could eliminate black market: Egypt Central Bank governor

Rates at which banks are allowed to trade dollars are determined by…

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Egypt business activity shrinks in May: PMI

Reuters - Business activity in Egypt shrank for the third month in a…

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Private business accounts for 63.2% of credit facilities end of March: CBE report

Central bank announces 2.6% increase in total credit facilities

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Egypt foreign reserves up at $17.414bn in March: Central Bank

Reuters - Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn…

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Egyptian pound strengthens at central bank Forex sale

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

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Egyptian pound weakens at Central Bank dollar sale

Dollar shortages have been fuelling a thriving black market.

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Egypt bourse rebounds

Reuters - Egypt’s index, which had lost 8% of its value in…

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Egyptian pound strengthens slightly at Central Bank dollar sale

Dollar shortages have been fuelling a thriving black market.

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Egypt covers 50% of foreign investors’ repatriation backlog

Reuters - Egypt's central bank has covered 50% of a backlog of…

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CBE keeps interest rates unchanged

Central Bank of Egypt says it has kept current rates unchanged due…

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