Tag: Local currency

Banking sector’s net foreign assets record $10.3bn surplus in September: CBE

The Central Bank of Egypt (CBE) revealed that the net foreign assets…

Hossam Mounir Hossam Mounir

CBE’s net foreign assets achieve $10.4bn surplus in September

The Central Bank of Egypt (CBE) revealed that its net foreign assets…

Hossam Mounir Hossam Mounir

Non-governmental bank deposits in local currency increase by EGP 193bn in March 2022

Deposits in foreign currencies also increase to EGP 808.372bn

Hossam Mounir Hossam Mounir

Local currency non-governmental bank deposits grow to EGP 4.38trn in November 2021: CBE

In a recent report, the CBE explained that deposits in local currency…

Hossam El-Din Talaat Hossam El-Din Talaat

Egypt sees EGP 104.191bn increase in local currency bank deposits during March 2021: CBE

Foreign currency deposits see stability, while volume of foreign assets at CBE…

Hossam Mounir Hossam Mounir

Local currency deposits with Egypt banks up EGP 80.104bn in August: CBE

In a recent report, the CBE stated that demand deposits in local…

Hossam Mounir Hossam Mounir

Egypt banks see EGP 62bn increase in local currency deposits in May

NFA surplus with banks, CBE records about $5.3bn increase

Hossam Mounir Hossam Mounir

Abu Qir Fertilizers revenues affected by urea lower prices, local currency appreciation

The decline in revenues was attributed to several factors, including a downward…

Alyaa Stohy Alyaa Stohy

Local currency deposits in banks rise by EGP 41bn in April

CBE figures also show decrease in surplus of net foreign assets for…

Hossam Mounir Hossam Mounir