The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...

This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the ...

Arab Finance: The Central Bank of Egypt (CBE) has temporarily raised the daily limit for cash withdrawals in local currency ...

Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...

The Central Bank of Egypt (CBE)'s Monetary Policy Committee (MPC) will hold its final meeting of the year on Thursday to decide on the central bank' Tuesday, 02 January 2024 12:17 GMT.

Egypt’s central bank Governor Tarek Amer said the focus on defending the pound over the past five years was a “grave mistake,” signaling the possibility of another devaluation after he ...

CAIRO, March 6 (Reuters) - Egypt central bank governor said on Wednesday that the bank is leaving the exchange rate to be determined by the market mechanisms but has the ability to intervene based ...

Egypt’s central bank sold $1.5 billion to banks in an exceptional auction to help cover importers’ foreign currency refinancing needs, just days after it devalued the local currency.

Egypt's central bank had been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. At its monetary policy committee meeting in April, ...