Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt's (CBE) recent decision to reduce interest rates on the exchange rate of the US dollar against the Egyptian pound.

Regarding monetary policy and exchange rate flexibility, 11 reform measures (2.2% of the total) were introduced ...

Net foreign assets have turned positive, recording a surplus of $10bln, compared to a deficit of $29bln in January 2024 ...

Stakeholders highlighted that efforts are being expended to provide efficient services and support to help the manufacturing sector thrive.

the exchange rate is affected by the return on the EGP-denominated T-bills rather than policy rates, and given the recent increase in yields, we think that this would allow the CBE to cut the ...

The government homegrown economic reform clearly indicates that the ongoing liberalization will be consolidated.

The Governor of the Central Bank of Egypt (CBE) Hassan Abdullah met with the CEO of the Alliance ... As a result, Egypt’s financial inclusion rate reached 74.8 per cent by the end of 2024. In response ...

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 ...

A team from the International Monetary Fund (IMF) is expected in Cairo this week to begin the fifth review of Egypt’s $8 ...