Central Bank of Egypt

Investing in Egyptian pound to be more profitable in medium term: CBE governor
Business

Investing in Egyptian pound to be more profitable in medium term: CBE governor

The Central Bank of Egypt governor Tarek Amer pledged that investing in the Egyptian pound will be more profitable than…
Gold prices continue to decline on Wednesday morning
Business

Gold prices continue to decline on Wednesday morning

Gold prices continued to decline at the beginning of trading on Wednesday morning, after recent successive increases. The decline was…
Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln
Business

Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln

The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates rose in March to about US$3.3 billion, an…
Us dollar nearing its highest price in 20 years
Economy

Us dollar nearing its highest price in 20 years

The US dollar index approached its highest level in 20 years against other major currencies, in Friday’s trading, as the…
The US dollar exchange rate on Wednesday
Egypt

The US dollar exchange rate on Wednesday

  The US dollar exchange rate on Wednesday witnessed stability, against the Egyptian pound, in Banque Misr, the National Bank…
Banking sector Eid Al-Fitr holiday extends for 8 days
Egypt

Banking sector Eid Al-Fitr holiday extends for 8 days

The Central Bank of Egypt issued a statement stating the date of the banks ‘s holiday on Eid Al-Fitr and…
CBE announces decrease of $ 3.91 bln in foreign reserves
Business

CBE announces decrease of $ 3.91 bln in foreign reserves

The Central Bank of Egypt announced a decrease of US$ 3.91 billion in foreign reserves for the first time in…
US dollar price rises on Thursday
Business

US dollar price rises on Thursday

The price of the US dollar rose, on Thursday, April 7, 2022, at the beginning of trading after witnessing a…
US dollar price stabilizes on Monday
Business

US dollar price stabilizes on Monday

The price of the US dollar stabilized early on Monday, March 28, 2022, after a significant increase over the past…
Proceeds of high-return savings certificates reach LE105 bln in 3 days
Business

Proceeds of high-return savings certificates reach LE105 bln in 3 days

The National Bank of Egypt and Banque Misr announced that the proceeds of high-return savings certificates of 18 percent reached…
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