Friday 04 Apr

CBE

US dollar stable in Eid al-Fitr
2025/04/01

US dollar stable in Eid al-Fitr

The US dollar remained stable in transactions on Monday, March 31, 2025, the first day of Eid al-Fitr. The exchange rate recorded 50.52 Egyptian pounds...

51.3% growth in Egyptian overseas remittances
2025/02/25

51.3% growth in Egyptian overseas remittances

Following the March 2024 economic reforms, remittances from Egyptians working abroad surged. December 2024 saw a doubling to $3.2 billion (from $1.6 billion in December...

Dollar stable against Egyptian pound Thursday
2025/01/02

Dollar stable against Egyptian pound Thursday

The Egyptian pound has seen a period of relative stability against the US dollar on Thursday, January 2, 2025, following a decline of over 3%...

CBE funds Mansoura Liver Transplant Center
2024/12/29

CBE funds Mansoura Liver Transplant Center

The Central Bank of Egypt (CBE) has played a crucial role in equipping the new National Liver Transplant Center at Mansoura University. This state-of-the-art facility,...

Dollar breaks 50-pound mark
2024/12/05

Dollar breaks 50-pound mark

For the first time since the exchange rate was liberalized, the US dollar surpassed the 50-pound mark in official transactions on Thursday morning. Several public...

Egypt's foreign reserves hit record high of $46.4 billion
2024/07/07

Egypt's foreign reserves hit record high of $46.4 billion

The Central Bank of Egypt (CBE) announced today, Sunday, that its foreign reserves rose by $260 million to reach $46.4 billion at the end of...

US dollar up slightly in banks, Black Market rate ticks higher
2024/05/01

US dollar up slightly in banks, Black Market rate ticks higher

The US dollar edged higher against the Egyptian pound on Tuesday, April 30, 2024, following a period of stability. The Central Bank of Egypt set...