The business community has high hopes for new Central Bank of Egypt (CBE) Governor Tarek Amer, but at the close of the first banking day since he officially took the…
A batch of new high-yield accounts offered by Egypt’s state owned banks represent a bid by the government to curb inflation, ease demand for the dollar and shore up the…
Legal experts fear that such appointments could diminish regulatory agencies' independence.
“Foreign reserves are not sacred; they are there to rely on in times of crisis,” Amer said in May
Despite expectations, Egypt’s Central Bank held the official value of the pound steady at LE8.78 to the dollar in its currency auction
Central Bank of Egypt Governor Tarek Amer admitted that Egypt’s focus on maintaining the pound’s value against the US dollar was a…
The Central Bank of Egypt’s (CBE) Monetary Policy Committee has announced it will postpone a much-anticipated interest rate decision that was scheduled…
The Central Bank of Egypt plans to increase dollar liquidity in the market and will introduce a special auction to meet the…
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