Tag: dollar

US Federal Reserve’s increase of dollar interest rates not reflected on Egyptian savings certificates

Meanwhile, the interest rates on dollar deposits in some banks increased at…

Hossam Mounir Hossam Mounir

Will CBE succeed in pushing banks to increase dollar resources?

Banks made large profits; it is time to pay part of these…

Hossam Mounir Hossam Mounir

Banks criticise CBE’s FX Auction regulations

The regulations were a new shock to banks that did not obtain…

Hossam Mounir Hossam Mounir

Banks fail to receive their share of CBE dollar auction

It maintained the exchange rate of the dollar against the pound at…

Hossam Mounir Hossam Mounir

CBE unable to meet EGPC’s dollar requirements

EGPC acquired $160m in October instead of $700m, says official

Mohamed Adel Mohamed Adel

CBE to inject $1bn after new governor officially takes office

Last week CBE issued $1bn as part of bank’s plan to flood…

Menna Samir Menna Samir

Attractive saving certificates with dollar deposits to remove restrictions on foreign currency: Pharos

These certificates can be bought in dollars and other foreign currencies, with…

Daily News Egypt Daily News Egypt

Foreign investors: Between liquefying stock portfolios and awaiting ‘Amer’s manoeuvre’

Initial results indicate that foreigners are intensifying sales to make a profit…

Daily News Egypt Daily News Egypt