Central Bank of Egypt (CBE)

Central Bank of Egypt (CBE) targets to cover 400 million merchandise in the Egyptian market through the mobile wallet system that was previously approved in 2013, said CEO and Chairman of Banque de…
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The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25…
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Foreign reserves ticked up $ 38.2 mn in January to end the month at $ 40.1 bn, according to central bank figures released yesterday.
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Remittances from Egyptians working abroad grew 11.9 percent year-on-year from January to November 2020, the central bank said in a statement on Monday.
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Egypt’s current account deficit widened to $2.8 billion in the July-September quarter from $1.4 billion in the same quarter of 2019 as the coronavirus pandemic caused tourism revenues to collapse and…
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 The Central Bank of Egypt (CBE) will issue treasury bonds and bills valued at EGP 26 billion on Sunday, in coordination with the Ministry of Finance, to finance the budget deficit.
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