foreign reserves
Why is the US dollar rising in Egypt?
Business
November 8, 2024
Why is the US dollar rising in Egypt?
Economists have attributed the recent rise in the US dollar against the Egyptian pound to a combination of domestic and…
Central Bank of Egypt announces increase in foreign reserves to $46.94 billion
Business
November 7, 2024
Central Bank of Egypt announces increase in foreign reserves to $46.94 billion
The Central Bank announced an increase in net foreign reserves to US$46.94 billion at the end of October, compared to…
The Central Bank report that fell on deaf ears
Opinion
September 26, 2024
The Central Bank report that fell on deaf ears
If the external debt were to increase by a dollar, a fierce storm would erupt against the government, and analyses,comments, and negative, discouraging expectations…
CBE: Foreign reserves rise to US$34.9 bln in ِAugust 2023
Egypt
September 8, 2023
CBE: Foreign reserves rise to US$34.9 bln in ِAugust 2023
The Central Bank of Egypt (CBE) on Thursday 7/9/2023 announced that the country’s foreign reserves rose by US$50 million to…
Net foreign reserves record $33.141 bln at end of August
Economy
September 8, 2022
Net foreign reserves record $33.141 bln at end of August
The net foreign reserves recorded US$33.141 billion at the end of August 2022, the Central Bank of Egypt announced. The…
Egyptian pound falls to its lowest price in 5 years: Refinitiv
Business
June 9, 2022
Egyptian pound falls to its lowest price in 5 years: Refinitiv
The Egyptian pound price fell to LE18.71 against the US dollar: its lowest price in the past five years, Refinitiv data…
Investing in Egyptian pound to be more profitable in medium term: CBE governor
Business
May 18, 2022
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…
CBE announces decrease of $ 3.91 bln in foreign reserves
Business
April 8, 2022
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…
Egypt’s foreign reserves increase to US$40.3 billion at end of April
Business
May 6, 2021
Egypt’s foreign reserves increase to US$40.3 billion at end of April
The Central Bank of Egypt (CBE) said on Thursday that the country’s net foreign reserves increased to US$40.3 billion at…
Egypt’s foreign reserves continue to recover, rise to $US40.1007 bn in January: CBE
Business
February 4, 2021
Egypt’s foreign reserves continue to recover, rise to $US40.1007 bn in January: CBE
The Central Bank of Egypt announced, on Wednesday, that its net foreign reserves increased to US$40.1007 billion at the end…