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" Egypt Central Bank"

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Business - Economy
12/2/2020 12:26:15 PM
Positive news on coronavirus vaccines and the fading of uncertainty regarding the US elections helped global markets performance in late November

Business - Economy
12/1/2020 1:37:10 PM
The report revealed that the current account deficit incresaed to $11.2 billion from $10.9 billion in F 2018/19

Business - Economy
11/12/2020 8:01:29 PM
CBE said that the increase in annual headline inflation continues to be mainly led by higher annual contribution of food items as well as regulated items due to the negative annual food inflation

Opinion -
11/12/2020 6:09:00 PM

Business - Economy
11/11/2020 12:23:47 PM
Key interest rate cuts would aim to stimulate private investment and consumption in addition to driving GDP growth amid a likely second wave of the Covid-19 pandemic

Business - Economy
10/22/2020 9:29:00 PM
The Central Bank of Egypt said their investigation found negative practices in the CIB which can be described as financial crimes

Business - Economy
10/5/2020 2:51:44 PM
The new procedures facilitate opening accounts, deposits, and purchasing certificates using only national IDs

Business - Economy
9/25/2020 5:10:30 PM
The new cuts are the first since the slashing of interest rates by 3% (300 pbs) in March amid the COVID-19 crisis

Business - Economy
9/24/2020 10:49:20 PM

Business - Economy
9/23/2020 3:16:52 PM
The CBE Committee is expected to hold its 8th periodic meeting on Thursday to review key interest rates

Business - Economy
9/21/2020 12:55:13 PM
The CBE offered T-bills in an auction on Sunday with the aim of attracting EGP 19 billion, with interest rates ranging between 12.9 percent and 13.6 percent

Business - Economy
9/16/2020 1:34:19 PM
The CBE will keep issuing free-of-charge electronic portfolios and prepaid cards for individuals while cancelling fees and commissions on money transactions via mobile phone accounts

Business - Economy
8/26/2020 2:37:19 PM
The yields will be used to bridge the gap in the state budget deficit

Business - Economy
8/24/2020 2:55:00 PM
On Sunday, the CBE offered T-bills in Egyptian pounds, on behalf of the finance ministry, worth EGP 20.5 billion over two terms to provide finances for the same purpose

Business - Economy
8/23/2020 1:20:52 PM
The state’s budget deficit was widened under the pressure of the COVID-19 crisis to 6.5 percent of GDP in FY2019/2020 up from 6.2 percent in FY2018/2019

Business - Economy
8/13/2020 8:40:00 PM
Rates were last cut in March, in the wake of the coronavirus crisis

Business - Economy
8/12/2020 10:02:52 PM
To contain the COVID-19 repercussions on the Egyptian economy, the CBE adopted a package of procedures that included slashing key interest rates in March by three percent

Business - Economy
8/6/2020 7:36:39 PM

Business - Economy
6/30/2020 5:34:56 PM

Business - Economy
6/28/2020 3:21:18 PM

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