Central Bank of Egypt
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
Business
January 11, 2023
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared…
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
Business
January 11, 2023
Egyptian pound tumbles to LE30 against US dollar, breaking all previous records
The Egyptian pound witnessed a historic low on Wednesday, hitting LE30 versus the US dollar in the money markets. Egypt…
US dollar exchange rate in Egypt on Tuesday
Business
January 10, 2023
US dollar exchange rate in Egypt on Tuesday
The price of the US dollar witnessed several consecutive rises in Egypt in the past few days, breaking the barrier of LE27…
CBE: Foreign reserve rises to $34 bln in December 2022
Egypt
January 4, 2023
CBE: Foreign reserve rises to $34 bln in December 2022
The Central Bank of Egypt (CBE) on Tuesday announced that the country’s foreign reserves rose by USD 470 million to…
US dollar price rises by 6 piasters Monday
Business
January 2, 2023
US dollar price rises by 6 piasters Monday
The price of the US dollar rose, officially, on Monday, by six piasters for purchase, and three piasters for sale.…
US dollar prices in Egypt on Thursday
Business
December 29, 2022
US dollar prices in Egypt on Thursday
On Thursday, the price of the US dollar stabilized in bank across Egypt. Tge dollar subsequently rose by two piasters…
US dollar price declines significantly on black market in Egypt
Business
December 29, 2022
US dollar price declines significantly on black market in Egypt
The exchange rate of the US dollar on the black market in Egypt declined significantly during the past days, losing…
CBE announces Jan 1st official holiday for banks
Egypt
December 27, 2022
CBE announces Jan 1st official holiday for banks
The Central Bank of Egypt announced in a statement, on Tuesday, that Sunday January 1, 2023, is an official holiday,…
NBE denies issuing savings certificates with a return of 20%
Business
December 27, 2022
NBE denies issuing savings certificates with a return of 20%
The Chairman of the Board of Directors of the National Bank of Egypt, Hisham Okasha, denied rumors regarding the bank…
CBE cancels fees on bank transfer and mobile wallet
Egypt
December 26, 2022
CBE cancels fees on bank transfer and mobile wallet
The Board of Directors of the Central Bank of Egypt has chosen to exempt customers dealing with electronic payment and…