The Central Bank of Egypt (CBE) has announced that remittances from Egyptians working abroad rose by 81% during the first ...

The CBE reported closing foreign exchange rates of EGP 50.91/$1 for buying and EGP 50.77/$1 for selling. Last Thursday, the pound exchange rate exceeded EGP 50 against the US dollar for the first ...

The Central Bank of Egypt (CBE) has recently started tightening monetary policy to curb inflation, especially in light of the recent exchange rate depreciation. The CBE allowed the official exchange ...

Arab Finance: The Central Bank of Egypt (CBE) is expected to start cutting interest rates during its next meeting in April, ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is anticipated to review the key interest rates on ...

thus stabilizing the exchange market and the Egyptian pound’s exchange rate against other currencies. The CBE said that the banking system’s total foreign assets rose to $72.04 billion by the end of ...

A key part of our strategy was allowing the exchange rate to act as a shock absorber ... emphasizing that it remains central to the CBE’s monetary policy. He began by acknowledging the severity of ...