Latest in Tag: foreign exchange reserves Highlight
Latest in Tag: foreign exchange reserves

FX Reserves up to $44.419bn end of August: CBE
Foreign currencies up by $167m, gold down by $23m

FX reserves climbed to $44.029bn end-April 2018: CBE
Foreign exchange reserves at the Central Bank of Egypt continued to rise in April 2018, reaching $44.029bn from $42.611bn at the end of March 2018, an increase of about $1.418bn. This marks the highest level of foreign exchange reserves in the history of the Central Bank of Egypt. The reserves are sufficient to cover over …

Egypt’s foreign exchange reserves likely to decline by $3bn in mid-December
On 17 December, Egypt must pay $3bn for bonds issued on global markets in 2013

Foreign exchange reserves increase by $4bn to reach $23bn as of end of November
The Central Bank of Egypt (CBE) announced that its foreign exchange reserves increased by $4.01bn as of the end of November 2016, up from $19.04 to register $23.06bn at the end of October. According to a note released by the CBE on Monday, the size of its foreign currencies at the end of November rose …

Banks working to prevent customer manipulation on electronic payment cards abroad
New controls and shortening limits on card usage are being implemented to maintain the state’s foreign exchange

Prime Minister reveals source of additional $3bn in foreign exchange reserves in September
Egypt received $2bn from Saudi Arabia and $1bn from the World Bank

UAE deposit boosts CBE foreign exchange reserves by $1bn in August
The Central Bank of Egypt (CBE) revealed on Sunday evening that its foreign exchange reserves increased by $1.028bn at the end of August

Would drop in reserves delay floating of EGP despite IMF report?
The timing of this move is in the hands of the CBE and is associated with many factors, not only the level of reserves, say analysts

$53m decrease in value of gold listed in foreign exchange reserves in May: CBE
The CBE announced on Wednesday evening that its foreign exchange reserves increased by $510m in May, registering $17.520bn, compared to $17.010bn in April

Egypt’s foreign exchange reserves gain $450m in April: CBE
It explained in a statement on its website that the reserves increased to $17.011bn in April, compared to approximately $16.561bn in March

UAE to support Egypt’s foreign exchange reserves with $2bn funding: Abu Dhabi crown prince
The CBE announced that the balance of the foreign exchange reserves increased to $16.561bn in March, and is expected to increase to about $18.5bn, after receiving funding from the UAE