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The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the ...
The Central Bank of Egypt's Monetary Policy Committee (MPC) will hold its fourth scheduled meeting of the year on Thursday to determine the direction ...
Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said on Wednesday.
This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the ...
The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...
We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial ...
CAIRO, May 12 (Xinhua) -- Remittances from Egyptian expatriates increased by 72.4 percent from March 2024 to February 2025, reaching approximately 32.6 billion U.S. dollars, the Central Bank of ...
Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...
The Central Bank of Egypt has increased the daily withdrawal limit to EGP 500,000 to ease operations during a period of ...
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, ...
Central bank figures show “M1” money supply, which includes domestic currency in circulation and demand deposits in Egyptian pounds, jumped by 31.1 per cent in the year to end-June 2024, after ...