CBE offers up $1.5bn to banks in exceptional auction
Auction aims to support banks and their role in domestic economy, central…
Foreign currencies hike amid curtailed exchange services by banks
Traders fear the recurrence of last year’s liquidity crisis, which depreciated the…
Central Bank chief: Currency black market won’t last long
The central bank introduced dollar sales last December to help counter a…
Egyptian pound up at dollar sale, black market rates lower
The central bank said it sold $38.8m to banks at its auction,…
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…
Egyptian pound’s value rises
The value of the Egyptian pound recovers slightly after 2-week long depreciation.
Why Egypt’s pound is not strengthening
By Farah Halime, Rebel Economy Take a look at this chart, which…