foreign cash

Egypt’s net foreign reserves rise to US$45.457 bn in January
Business

Egypt’s net foreign reserves rise to US$45.457 bn in January

Egypt’s net foreign reserves rose to US$45.457 billion in January 2020 from $45.420 billion in December 2019, an increase of…
US sanctions on Cuba could hurt Spanish hotel operators
World

US sanctions on Cuba could hurt Spanish hotel operators

The decision by US President Donald Trump to reactivate Title III of the 1996 Helms-Burton Act, waived under previous administrations, has…
Egypt’s foreign reserves rise to $36.5 bn in September: CBE
Business

Egypt’s foreign reserves rise to $36.5 bn in September: CBE

Egypt’s foreign reserves increased to $US36.534 billion in September from $36.143 in August, rising by $391 million, the Central Bank…
Banking official: Exports of foreign cash reach US$3 billion monthly
Business

Banking official: Exports of foreign cash reach US$3 billion monthly

Chairman of the Commercial International Bank Hesham Ezz al-Arab said the export of foreign currency bills have reached US$three billion…
CBE raises foreign currency transfer rate to US$200,000
Business

CBE raises foreign currency transfer rate to US$200,000

Central Bank of Egypt (CBE) Governor Hesham Ramez said the allowed maximum rate of foreign currency transfer will be increased…
CBE offers US$40 million within 111th tender
Business

CBE offers US$40 million within 111th tender

Central Bank of Egypt (CBE) offered on Thursday US$40 million as the 111th tender for foreign currency for banks. CBE sold…
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