Central Bank of Egypt (CBE)

Remittances from Egyptian expatriates increased by 8.5% to record $23.4bn from July 2020 to March 2021, compared to $21.5bn during the period from July 2019 to March 2020, according to the Central…
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The financial position of banks operating in the Egyptian market increased EGP 207bn to EGP 7.554trn in March 2021, compared to EGP 7.347trn in February 2021.
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Egypt’s net international reserves increased about $125m to record $40.468bn in May, compared to $40.343bn in April 2021, The Central Bank of Egypt (CBE) said.
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Egypt’s net foreign reserves increased by aproximately $125 million in May, the Central Bank of Egypt (CBE) announced
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Egypt’s local liquidity rose by EGP 53 billion i.e 1% month-on-month (MoM) to EGP 5.184 trillion in April, hitting its highest level ever recorded, according to data released by the Central Bank of…
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Egypt’s current account deficit climbed to $7.6 billion in the first half (1H) of the current FY2020/2021 — from July to December 2020 — up from $4.6 in the same half of FY2019/2020, according to data…
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Egypt’s domestic liquidity rose to 5.134 trillion Egyptian pounds ($327.7 billion) in the first quarter of the year from 4.920 trillion pounds at the end of 2020.
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The Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25…
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The Central Bank of Egypt (CBE) will be reviewing the key interest rates as The Monetary Policy Committee (MPC) is holding its third meeting  2021 on Wednesday.
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Egypt’s total external debt jumped to $125.3 billion by the end of the first quarter (Q1) of the current FY2020/2021, up about $1.8 billion year-on-year, according to the Central Bank of Egypt.
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