The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 18.5 billion in treasury bills on Sunday, Nov. 24. The T-bills will be offered in two installments; the first installment is valued at LE 9 billion with a 91-day...اقرأ المزيد
The Monetary Policy Committee of the Central Bank of Egypt (CBE) cut the overnight deposit rate, the overnight lending rate, and the rate of the main operation for the third consecutive meeting in row by 1 percent or 100 basis points during Thursday’s...اقرأ المزيد
Egypt’s foreign reserves rose by about $129 million, recording $45.246 billion by the end of October 2019, compared to $44.117 billion by the end of September 2019, according to the Central Bank of Egypt (CBE). The current average of foreign reserves...اقرأ المزيد
The Monetary Policy Committee of the Central Bank of Egypt (CBE) cut the overnight deposit rate, the overnight lending rate, and the rate of the main operation 1 percent or 100 basis points during Thursday’s meeting, Sep. 26, matching experts’...اقرأ المزيد
Egypt aims to achieve a total budget deficit of 6 percent of GDP in the coming fiscal year 2020/2021, Finance Minister Mohamed Ma’it said during his speech at Euromoney conference. Ma’it added that it’s expected to achieve a budget deficit of 7.2...اقرأ المزيد
The Central Bank of Egypt (CBE) on Wednesday announced an increase in the foreign currency reserves in August compared to July. According to the CBE, the reserve increased in August by 53 million dollars to reach 44.969 billion dollars compared to 44.916...اقرأ المزيد
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, is set to issue LE 18.75 billion in treasury bills on Sunday, Sep. 1. The T-bills will be offered in two installments; the first installment is valued at LE 9.5 billion with a 273-day...اقرأ المزيد
The Central Bank of Egypt (CBE) on Tuesday announced a decrease in bank deposits by around LE 20 billion by the end of May to reach LE 3.911 trillion compared to LE 3.931 trillion in April. The total governmental deposits at banks went down by LE 23.6...اقرأ المزيد
The Monetary Policy Committee of the Central Bank of Egypt (CBE) cut the overnight deposit rate, the overnight lending rate, and the rate of the main operation by 150 basis points on Thursday, August 22. The overnight deposit rate, the overnight lending...اقرأ المزيد
Egypt’s foreign reserves rose by about $560 million, recording $44.9 billion by the end of July 2019, compared to $44.35 billion by the end of June 2019, according to the Central Bank of Egypt (CBE). The current average of foreign reserves covers about...اقرأ المزيد
