The new ratio is effective starting on 10 October, the bank said in a statement.
04.10.2017
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News by
Ahram Online
Egypt may delay a planned sale of 1.5 billion in euro-denominated bonds to early 2018.
04.10.2017
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News by
Bloomberg Business
The pound has gradually strengthened in recent weeks to about 17.71 to the dollar, up from about 17.75 last month.
01.10.2017
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News by
Reuters
Minster of Finance Amr El-Garhy meets with investors to discuss further opportunities.
27.09.2017
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News by
Daily News Egypt
The first review of Egypt’s economic reform program from IMF is out and it carries good news.
27.09.2017
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News by
The International Monetary Fund
According to EIB, a total 890 million euros were slated for Egypt in 2016 under the EIB’s commitment to Mediterranean partner countries.
24.09.2017
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News by
Ahram Online
In August, 1,528 ships passed through the Egyptian waterway compared to 1,462 in the same month last year.
23.09.2017
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News by
Ahram Online
Yields on the 182-day bill dropped to 18.434% from 19.110% at the last sale. Yields on the 357-day bill fell to 17.868% from 18.7%.
21.09.2017
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News by
Business Recorder
"We’ve been aggressive in our monetary policy and this has been resisted a bit. But it’s important so we can get our shop fixed very quickly"Amer said
19.09.2017
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News by
The Daily Star
Egypt will issue a 1.5 billion euro (USD 1.8 bln) bond by the end of November and another USD 10 billion in Eurobonds next year.
19.09.2017
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News by
Business Standard
A recent report by CNN Arabia revealed that prices of the US dollar are likely to surge to LE 19 by 2018 and EGP 20 by 2019.
18.09.2017
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News by
Egypt Independent
FDI rose to $7.9 billion in the 2016-2017 fiscal year that ended on June 30.This is well below Egypt’s target of $10 billion.
13.09.2017
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News by
Ahram Online
Remittances for the month of July rose to $1.8 billion compared with $1.2 billion during July last year.
12.09.2017
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News by
Ahram Online
Mohamed Farid said that the main reform would be reducing trading halt times to 15 minutes, down from 30.
12.09.2017
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News by
NASDAQ
Egypt’s annual urban rate of inflation dipped slightly in August, dropping to 31.9 percent from 33 percent in July.
10.09.2017
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News by
Ahram Online
Egypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies.
07.09.2017
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News by
The Daily Star
Non-oil private sector business activity shrank in August at the slowest pace since July last year amid a decline in new orders and a jump in exports
06.09.2017
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News by
Times of India
Money supply stood at EGP 2.94 trillion, the central bank said.
31.08.2017
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News by
Ahram Online
The United States has decided to deny Egypt $95.7 million in aid and to delay a further $195 million because of its human rights record.
28.08.2017
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News by
reuters
Egypt will hold several treasury bill sales on Wednesday, replacing auctions originally scheduled during the coming Eid holiday.
27.08.2017
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News by
Ahram Online