Tag: Local currency

AliExpress expands local currency payment options for shoppers in Egypt, across Africa

AliExpress, the global online retail marketplace, has announced a major expansion in…

Daily News Egypt

Foreign asset surplus in Egypt’s banking sector reaches $5.2bn in 2024

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

Hossam Mounir

CBE reports increase in foreign assets surplus to $11.8bn in November 2024

The Central Bank of Egypt (CBE) announced a net foreign assets surplus…

Hossam Mounir

Foreign assets in Egyptian banking sector reach $9.2bn in October 2024: CBE

The Central Bank of Egypt (CBE) has announced that the Egyptian banking…

Hossam Mounir

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

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

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

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

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

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