News

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial ...
Net foreign assets (NFAs) of the Egyptian banking system increased by $1.2 billion to $14.7 billion at the end of May 2025, ...
The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...
Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...
Central bank figures show "M1" money supply, which includes domestic currency in circulation and demand deposits in Egyptian pounds, jumped by 31.1% in the year to end-June 2024, after growing 33. ...
Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...
Egypt's central bank will raise its overnight deposit rate by 175 basis points (bps) on Thursday in response to the U.S. Federal Reserve's rate hikes and commodity import price rises caused by the ...
Egypt began talks with the fund shortly after Russia's invasion of Ukraine in February prompted foreign investors to pull billions of dollars out of Egyptian treasuries.. The central bank governor ...