Tag: The Central Bank of Egypt

Egypt’s core inflation falls to 6-year low of 4.9% in August

EFG Hermes, Pharos forecast 1-2% interest rate cut at next MPC meeting

Hossam Mounir

Net foreign reserves up $52.1m to $44.969bn end-August

Value of gold reserve rises by $265m, decrease in foreign currencies value…

Hossam Mounir

GDP growth rate to continue moving onwards and upwards: CBE

Budget deficit projected to decrease to 8.2%, 7.2% of GDP in FY…

Hossam Mounir

CBE slashes interest rates by 1.5%

CBE slashed overnight deposit rate, lending rate, and the rate of main…

Daily News Egypt

CBE to consider interest rates on Thursday amid expectations of cuts

Falling inflation and US interest paves the way for CBE to cut…

Hossam Mounir

CBE issues import, export standards on foreign banknotes surplus

The CBE affirmed that these standards comes in the framework of the…

Hossam Mounir

Egypt’s net foreign reserves rose by $565m to $44.916bn end-July

According to the CBE, Egypt’s current net foreign reserves covers more than…

Hossam Mounir

CONIA interest rate benchmark comes into force

New standard reinforces CBE's ability to improve monetary policy

Hossam Mounir

CBE reveals Egypt’s economy external position

Foreign debt reached 35.1% of GDP at end December 2018, compared to…

Hossam Mounir

Egypt’s external debt reaches 35.1% of GDP at end-2018, but still within safe limits: CBE

Saudi Arabia is Egypt's top lender with total debt of $8.7bn

Hossam Mounir