Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for ...

European Union member states have voted to approve retaliatory tariffs on $23 billion in goods in response to U.S. President ...

Net foreign assets have turned positive, recording a surplus of $10bln, compared to a deficit of $29bln in January 2024 ...

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), met with Alfred Hannig, Chief Executive Officer of the Alliance ...

Hassan Abdullah met with the CEO of the Alliance for Financial Inclusion (AFI) Alfred Hannig on Tuesday. The meeting focused ...

Monetary Policy Committee meets today to deliberate on key lending rate. CBK has previously denied claims of shoring up the ...

The Central Bank of Nigeria is making efforts to ease the pressure of the naira in the official and unofficial foreign exchange markets against the US dollar.

At the Central Bank of Egypt (CBE), the exchange rate closed at EGP 51.19 to 1 USD, up from EGP 50.66 on Thursday. The US dollar was similarly quoted at EGP 51.07 for buying and EGP 51.17 for selling ...

CAIRO (Reuters) - Libya's central bank announced a 13.3% devaluation of the country's dinar currency on Sunday, setting the ...

Egypt’s net foreign assets (NFAs) increased by $1.48 billion in February, marking the second monthly rise this year following ...

The net foreign assets of the Egyptian banking system jumped by approximately US$1.5 billion during February, reaching $10.17 ...

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