CBE has no intention of allowing cryptocurrency in Egypt: official
Bitcoin plans to launch in Egypt by late August, awaits needed legislation…
Banks loosen restrictions on US dollars abroad after foreign exchange resources improve following pound flotation
Banks operating in the local market have begun to ease restrictions set…
Chambers of Commerce to limit imports to production inputs, basic goods for 3 months to preserve US dollars
4.3 million traders expected to stop buying US dollars for 2 weeks…
Lufthansa considers limiting sales of tickets to US dollars, credit cards from November
We are owed €15m by the government, which impacts our financial results,…
Will accepting payments in yuan lure Chinese tourists to Cambodia?
In a bid to attract more Chinese tourists into the country, Cambodia…
Government banks rely on own resources to obtain US dollars, not on CBE tenders: head of Banque du Caire
Banque du Caire, along with all state-owned banks, does not obtain its…
Foreign cash flow must be transferred to banking sector via EGX due to US dollar crisis
Recent amendments aim to keep up with the economic conditions and not…
CBE grants banks $118.7m, returns to quota in Tuesday’s auction
Banks were granted this amount at a price of EGP8.78 to the…
US ‘does not believe’ Egypt and Russia will end dollar usage
State Department spokesperson Jen Psaki says US supports nuclear power programme under…
US dollar rise to stop at EGP 8 before Economic Summit: FEI head
Reducing the gap between the official price and black market price will…