Browsing: CBE

Estimations showed that medium and long-term external debt service is projected to surge by about $1.441 billion to $36.362 billion in 2024 alone

The Central Bank of Egypt (CBE) has disclosed a significant increase in the total financial position of banks operating in the local market. In 2023, this position reached approximately EGP 14.2trn, compared to EGP 11.399trn in December 2022—an impressive surge of about EGP 2.8trn.

The CBE received 31 bids worth $1.02bn for a similar tender in January worth $830mln

The CBE said that the decision is necessary to stabilize inflation expectations and set the policy rate at suitably restrictive levels

Long-term debt accounted for $136.6bln, whereas short-term debt accounted for $28.1bln The Central Bank of Egypt (CBE) said the North…

The data also showed that foreign assets with the CBE amounted to EGP 1.06 trillion at the end of October…

The digital pound can be used in transactions, trade, and money exchange between individuals and institutions via mobile phones The…