Saudi riyal LE8.20 for purchase LE 8.23 for sale Kuwaiti dinar LE100.64 for purchase LE 101.99 for sale UAE dirham LE8.39 for purchase LE 8.42 for sale The Federal Reserve raising the interest rate ...

(MENAFN - Daily News Egypt) The Central bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in its tender on Tuesday.

President Abdel-Fattah El-Sisi emphasized on Monday the need to continue efforts to increase foreign currency revenues, ...

The CBE previously slashed key interest rates by a cumulative 3.25% - a 2.25% cut on 17 April and a further 1% on 22 May - bringing the current rates to 24% for overnight deposits, 25% for ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to keep key interest rates unchanged for the sixth consecutive time during its final meeting for 2024 held on Thursday.

The Monetary Policy Committee of the CBE decided on Wednesday to allow the exchange rate to be determined according to market mechanisms. In a Wednesday statement, the committee explained that this ...

The discussions also covered measures to expand financing opportunities for the private sector as a driver of economic growth ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided in an exceptional meeting on Monday to raise the basic interest rates by 1% to 9.25% for depositing, 10.25% for lending, ...

Central Bank of Egypt (CBE) Governor Hassan Abdullah said the CBE plans to launch an EGP index, including a basket of hard currencies and gold, to track the exchange rate dynamics noting that the ...