The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...

Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the ...

This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...

We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial ...

Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...

Egypt’s central bank Governor Tarek Amer said the focus on defending the pound over the past five years was a “grave mistake,” signaling the possibility of another devaluation after he ...

FILE – Egyptian Central Bank Governor Tarek Amer speaks during a press conference at the Central Bank of Egypt in Cairo, Nov. 3, 2016. Amer resigned as the country has struggled to address its ...

Egypt’s central bank sold $1.5 billion to banks in an exceptional auction to help cover importers’ foreign currency refinancing needs, just days after it devalued the local currency.

Egypt's central bank had been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. At its monetary policy committee meeting in April, ...