Last month, the IMF appeared to shift its emphasis from the exchange rate to inflation targeting.
11.01.2024
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Yahoo Finance
A mission from the World Bank arrived in Egypt on Tuesday for a multi-day visit to discuss the development of the country's State Ownership policy.
11.01.2024
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Ahram Online
The source added that NBE’s proceeds exceeded LE17 billion, while Banque Misr’s reached about LE15 billion on Monday.
10.01.2024
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Egypt Independent
The World Bank downgraded its forecasts for Egypt’s real GDP growth for 2024 to 3.5 percent from 3.7 percent in a previous estimate.
10.01.2024
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Ahram Online
U.S. Treasury Secretary Janet Yellen will meet with top Egyptian finance officials in Washington on Tuesday.
10.01.2024
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Reuters
The Central Bank of Egypt (CBE) has instructed all banks operating in the country to apply a minimum interest rate of 24 percent on loans.
10.01.2024
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Ahram Online
Inflation has eased from a historic high of 38.0% in September, but inflation risks are growing again.
09.01.2024
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Reuters
Egypt is set to adopt a flexible exchange rate policy to adjust the pound’s value against the US dollar to meet a 39.61 rate planned by 2028.
08.01.2024
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Ahram Online
On Thursday, NBE and Banque Misr announced the issuance of new CDs, offering annual yields of 23.5 percent and 27 percent, respectively.
08.01.2024
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Ahram Online
Cabinet spokesman Mohamed El-Homsany said that an IMF delegation is visiting the country this month to conduct further consultations.
08.01.2024
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On Thursday, the NBE and Banque Misr announced issuing new CDs with 23.5 percent and 27 percent annual yields, respectively.
07.01.2024
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Ahram Online
Egypt’s Net International Reserves increased by $47 million to record $35.22 billion in December, its highest level since May 2022.
05.01.2024
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Ahram Online
The National Bank of Egypt (NBE) and Banque Misr announced Thursday issuing new certificates of deposits (CDs) with 23.5 percent and 27 percent annual
05.01.2024
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Ahram Online
A mission from the International Monetary Fund (IMF) would probably visit Cairo in January to finalize a new time frame for the loan agreement.
05.01.2024
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Ahram Online
Senate member Ahmed Samir said that the Central Bank of Egypt (CBE) has not officially announced the flotation of the Egyptian pound so far.
05.01.2024
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News by
Egypt Independent
Egyptian banks will be closed on Sunday, 7 January, in celebration of Christmas for the Orthodox Church, according to a statement by the Central Bank.
04.01.2024
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Ahram Online
The National Bank of Egypt (NBE) and Banque Misr are set to repay more than EGP 500 billion in principal and interest of 22.5 percent and 25 percent.
04.01.2024
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Ahram Online
Remittances from Egyptians working abroad dropped 29.22 percent to $4.52 billion in the first quarter of the fiscal year 2023/2024.
04.01.2024
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Ahram Online
This environment could lead to tightening financial conditions, stirring a wave of credit pressure, and reducing the available funding.
03.01.2024
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In the following report, we present the price of the Egyptian pound against the most important currencies of the BRICS countries.
02.01.2024
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