Egypt’s banking sector records $5.95bn net foreign asset surplus in November 2024
The Central Bank of Egypt (CBE) announced that the banking sector’s net…
Total foreign exchange receipts reach $121.9bn in 2022/23
The Central Agency for Public Mobilization and Statistics (CAPMAS) issued the Annual…
CBE spots illegal foreign exchange trading schemes
$55m was withdrawn from Egyptian credit and debit cards abroad in one…
US dollar slips after Fed holds interest rates steady
Euro was up to 1.1764 US dollar from 1.1721 dollars in the…
Geopolitical events cast shadow over expectations of pound’s interest, reserve, inflation
I expect a rate cut from 2% to 3%, exchange rate to…
Gold value in FX reserves up $153m in December
This reserve level is the highest ever in the history of Egypt,…
Remittances from Egyptian expats rose to $4.4bn in July and August: CBE
Remittances of Egyptians working abroad are one of Egypt's most important foreign…
Egypt’s foreign exchange inflows hit $150bn since November 2016
Washington, DC- Foreign exchange flows received by the Central Bank of Egypt…
$52m increase in Egypt’s foreign exchange reserves to $44.11bn end-March 2019
The Central Bank of Egypt (CBE) has revealed an increase in foreign…