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Unpopular Egyptian central bank decision increases yields on treasury bills

was reduced after a new central bank decree limited the amount of funds that banks can channel into money market funds to buy T-bills. The central bank said it had sold only 3.5 billion Egyptian pounds ... bills climbed on Sunday and the auction's size was reduced after a new central bank decree limited ...

20/05/2013 - 10:29 - comment 0

Egypt Central Bank sells $3bn worth of Egyptian bonds to Qatar

The Central Bank of Egypt (CBE) received a $3bn Qatari ... of the CBE. The Central Bank of Egypt (CBE) received a $3bn Qatari deposit ... with this government”. Related posts: Central Bank: No Qatari aid received yet Government pursues ...

14/05/2013 - 12:25 - comment 0

Egyptian Central Bank’s Dollar Infusions Steady Jittery Pound

Egyptian banks and exchange companies on Sunday began applying a new exchange rate set by the Egyptian Central Bank in hopes of eliminating the curren Egyptian banks and exchange companies on Sunday began applying a new exchange rate set by the Egyptian ...

18/05/2010 - 19:11 - comment 0

Desperate times, desperate measures: Egypt's Central Bank holds exceptional $1.5billion auction to support banks

the Egyptian pound, Fahmy added. In September, the central bank sold $1.3bn in a similar exceptional auction , as well as $600m in an April auction and $800m in May.Since December 2012, the central bank has ... reserves in an attempt to support the banking sector, the bank said in a Monday statement. The central bank ...

27/01/2014 - 17:42 - comment 0

Egyptian pound slides again as former minister claims currency controls are temporary

dollar at the latest currency auction by the central bank on Tuesday, as the former minister claims ... the US dollar at the latest currency auction by the central bank on Tuesday.   The Central ... fell to 6.5827 pounds from 6.5624 on Monday. The central bank limits trades to a 0.5 per cent band ...

15/01/2013 - 14:06 - comment 0

Egyptian Central Bank Modifies Foreign Exchange Rate Mechanism

The Egyptian Central Bank will announce changes to the foreign exchange mechanism on Sunday. The Egyptian Central Bank will announce ... companies, with the central bank tightening its grip on the market to ensure that no banks or exchange ...

18/05/2010 - 19:11 - comment 0

Benevolent Qatar to convert $2 billion Egyptian loan into bonds

with Egypt’s central bank into bonds within a week, Youm 7 quoted central bank governor Hisham Ramez as saying. Qatar agreed to convert a $2 billion deposit with Egypt’s central bank into bonds within a week, Youm 7 quoted central bank governor Hisham Ramez as saying. The conversion was thrown into doubt ...

11/09/2013 - 13:03 - comment 0

Egypt: Central Bank boss denies resigning

The governor of the Egyptian Central Bank, Farouq ... Main headlines, Egypt) The governor of the Egyptian Central Bank, Farouq El-Oqda, denied Sunday ... Arabic-language news website Al-Ahram reported. The governor of the Egyptian Central ...

24/12/2012 - 04:00 - comment 0

Libya to deposit $2 billion in Egypt central bank

Libya is completing an arrangement to deposit $2 billion in the Egyptian central bank, the Libyan ... to deposit $2 billion in the Egyptian central bank, the Libyan ambassador to Cairo told Turkey’s Anatolia ... © 2013 MBC Group. All Rights Reserved. (reports that egypt central bank ...

25/03/2013 - 14:18 - comment 0

Egyptian Central Bank reviews state-owned enterprise debts

governor of the Central Bank of Egypt, Mahmud Abu Al-Eyun, and the Egyptian Minister of Public Enterprise ... between the deputy governor of the Central Bank of Egypt, Mahmud Abu Al-Eyun, and the Egyptian Minister ... currently stand at 25 billion Egyptian Pounds ($5.4 billion), reported Al-Ahram.     The Minister ...

15/08/2010 - 14:25 - comment 0