The CBE reported closing foreign exchange rates of EGP 50.91/$1 for buying and EGP 50.77/$1 for selling. Last Thursday, the pound exchange rate exceeded EGP 50 against the US dollar for the first ...

Arab Finance: The Central Bank of Egypt (CBE) is expected to start cutting interest rates during its next meeting in April, ...

On the global level, the CBE mentioned that the world economic landscape has witnessed a slowdown in growth due to the repercussions of the policy rate tightening adopted by major central banks on ...

meeting Thursday 20/2/2025 decided to maintain the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation at 27.25 percent, 28.25 percent, and 27.75 percent, ...

The Central Bank of Egypt (CBE) has recently started tightening monetary policy to curb inflation, especially in light of the recent exchange rate depreciation. The CBE allowed the official exchange ...

American multinational financial firm J.P. Morgan anticipates interest rates in Egypt to be cut by six percent during the Central Bank’s meetings in April and June, by four percent in April and two ...

With a tenor of three years until 4 March 2028, the second auction was valued at EGP 10 billion. Meanwhile, the CBE auctioned floating-rate T-bonds worth EGP 2.50 billion, which will mature in three ...