Results for
egypt central bank
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Egypt seen holding key interest rates as inflation retreats
Egypt’s central bank is expected to keep key interest rates unchanged at its meeting on Thursday after inflation dropped back to within the ... Economy -
Egypt remittances expected to rise nearly 50 pct to $26 bln
Remittances from Egyptians abroad are expected to hit $26 billion for the 2017-18 fiscal year that ended in June, the central bank said late on ... Economy -
Egypt’s foreign inflows exceeded $120 bln since pound float
Egypt’s Central Bank Governor said foreign inflows have exceeded $120 billion since its pound currency was floated in November 2016, state ... Economy -
In surprise move, Egypt central bank hikes key interest rates
Egypt’s central bank raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth and falling unemployment, ... Economy -
Egyptian pound steady at auction, stronger on parallel market
The central bank said it had offered $40 million and sold $37.5 million at a cut-off price of 7.7301 pounds per dollar Banking & Finance -
Egypt’s central bank keeps benchmark rates unchanged
The overnight deposit rate remains 8.75 percent and the overnight lending rate is steady at 9.75, the bank said in a statement Economy -
Egypt targets FDI worth $60 billion over four years
Egypt is gearing up for a much-heralded investment conference in Sharm el-Sheikh later this week Economy -
Egyptian pound steady at official auction, weaker on black market
The rates at which banks are allowed to trade dollars are determined by the results of central bank sales Banking & Finance -
Egypt to issue $600m in one-year dollar-denominated T-bills
The central bank listed eligible subscribers as local banks and foreign financial institutions Banking & Finance -
Egypt c.bank: forex policies successful, could eliminate black market
Egypt has been suffering from a sustained dollar shortage as political turmoil unnerved foreign investors and tourists Business -
Egypt's central bank keeps key rates unchanged
The bank said its monetary policy committee (MPC) left the overnight deposit rate at 8.25 percent and its overnight lending rate at 9.25 percent Banking & Finance -
Egypt central bank earmarks $1.44bn for low-cost housing
Many Egyptians live below the poverty line, residing in slums with no access to water or sewage Property -
Egypt’s foreign reserves at $17.1bn in January, central bank says
Egypt's foreign exchange reserves have been hit by political turmoil since the fall of former president Husni Mubarak Economy -
Currency black market shows limits of Egypt’s recovery
Many overseas Egyptians’ prefer to send money home via the black market, where they get better exchange rates Economy -
Egypt to hold record $1.5 billion forex sale
The auctions started when former president Mohammad Mursi was in office Economy -
Egypt’s pound weaker at central bank auction
The central bank last week allowed the pound to slip against the dollar at official prices Banking & Finance -
Egypt expected to keep interest rates on hold
Measure is an effort to tame inflation Economy -
Egypt’s central bank governor says IMF treated Egypt improperly
Egypt’s central bank governor, Hisham Ramez, has criticized the International Monetary Fund over the manner in which his country was invited to ... Economy -
Egypt receives $2 billion deposit from Kuwait
Egypt’s central bank has received a $2 billion deposit from Kuwait, the governor said on Thursday. The deposit is part of $12 billion in aid ... Economy -
Kuwait set to deposit $2bn in aid to Egypt ‘within a week’
Kuwait is set to deposit aid worth $2 billion in Egypt’s Central Bank within the coming week, the bank’s governor told Al Arabiya. Hisham ... Economy -
Egypt to auction $1.3bn for vital imports
The Central Bank of Egypt will conduct its largest foreign exchange auction yet, selling $1.3 billion to banks with clients who need U.S. dollars to ... Economy -
Yields on Egypt’s T-bills rise for second week
Yields on Egyptian treasury bills climbed at an auction on Sunday, their second weekly rise since security forces broke up a sit-in of supporters of ... Economy -
Egypt stock exchange, banks shut after violent clashes
Egypt’s stock exchange and banks will not open on Thursday following the violence that swept the country in which hundreds were killed. It is ... Financial Markets -
Egypt c.bank tells banks to shut early ahead of army deadline
Egypt’s central bank has told banks to close their branches early and has advanced the time for a foreign currency auction, a banker said, ahead ... Economy
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