The country has been using net foreign assets to help prop up its currency since as long ago as September 2021 ...

CAIRO - Egypt's M2 money supply grew by 29% year on year in November, central bank data showed on Monday. Money supply stood ...

CAIRO - Egypt's net foreign assets (NFAs) tumbled by $3.25 billion in November, the second decline in two months, as impending foreign liabilities put the currency under pressure, central bank data ...

Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was ...

The Central Bank of Egypt (CBE) announced Monday that all banks in Egypt will be closed on Tuesday on the occasion of the ...

Egypt will probably hold interest rates at a record high, seeking to ensure inflation keeps slowing before embarking on its ...

Egypt's core inflation rate, which strips out volatile items such as fuel and some types of food, slowed to 23.7% year-on-year in November from 24.4% in October, the central bank said. Inflation has ...

The Central Bank of Egypt (CBE) announced on its website that it sold $980,5 million in USD-dominated treasury bills (T-bills) with a maturity period of 364 days on Monday. The tender received ...

Image: Shutterstock The Central Bank of Egypt (CBE) announced the launch of tokenisation of payment cards on mobile applications, in line with its efforts to promote the adoption of e-payments in the ...