Egypt’s core inflation eased to 30.57 percent year on year in May from 32.06 percent in April, the central bank said on Thursday. Over the same ...
Egyptian Central Bank Governor Tarek Amer said that nearly $1 billion in foreign investment entered Egypt within two days of the bank’s decision ...
Lebanon’s government has reappointed central bank governor Riad Salameh for another six-year term, information minister Melhem Riachy said on ...
The central banks of Saudi Arabia, Kuwait and Bahrain increased their key policy interest rates on Wednesday after the US Federal Reserve hiked its ...
The Central Bank of the UAE has issued draft rules aimed at getting banks to lend more to small and medium-sized enterprises (SMEs) after some lenders ...
Withdrawal limits would be nearly doubled from 24,000 rupees to 50,000 from February 20 and removed altogether from March 13
Sold bond in three tranches last week, raising twice as much as it initially targeted and at lower yields than expected
President not going to let up on criticism of monetary policy even as the lira languishes near record lows
Banking sector had secured inflows of between $7.5 bln and $8 bln since the Egyptian pound was floated on Nov. 3.
The deposits in central bank would boost its foreign exchange reserves and head off any pressure on the rial
Country floated its currency in November as part of a series of reforms aimed at reducing budget deficit and balancing currency market
Will now be permitted to lend buyers 85 percent of the value of a home, up from 70 percent previously
Central bank leaves key interest rates unchangedand kept overnight deposit rate at 14.75 percent and overnight lending rate at 15.75 percent
100 central bankers and audit partners meet at Hawkamah-IMF Central Bank Governance Forum
‘Economic cycle in US different from the local economic cycle’ says central bank chief
Announcement came after US Fed raised interest rates by a quarter point
Offered 18-month certificates at 20 percent and three-year certificates at 16 percent
Iranian central bank vice governor Peyman Ghorbani says they expect to see 'more rationality'
At the end of September, the reserves totaled $555 billion, a drop from about $616 billion at the end of 2015 and $732 billion a year earlier
a 'consortium of banks' had agreed to purchase $2 billion worth of newly issued sovereign bonds
A backlog of demand from businesses could revive black market if central bank does not inject dollars into system
Move meant to close gap between official and unofficial rate of dollar to attract savings from Sudanese expats
Egypt will sell $120 million on Tuesday after PM Ismail told parliament that situation is ‘tough’ in the country
The central bank has been based in the government-controlled second city of Aden since last month
Kidnapping for ransom is common in the country, particularly in the south, with the wealthy and expatriates often targeted
Will inject the funds in the form of time deposits on behalf of government entities to 'support financial stability'
Decision suggests liquidity is easing in a banking system pressured by low gas prices
The IMF has yet to decide whether to participate in a third international bailout Greece signed up to in mid-2015
Central Bank attributes the crisis to lack of liquidity of the local currency
Meanwhile, banking officials said the central bank suffers from a lack of liquidity after Houthi militias drained the bank’s foreign exchange reserves
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