The Central Bank of Egypt (CBE) announced a two-pronged approach on Wednesday,… Mohamed Samir March 6, 2024 Business Dollar soars to EGP 49.5 on first day of exchange rate liberalisation The Egyptian pound plunged against the US dollar on Wednesday, as the… Hossam Mounir March 6, 2024 ...
Toronto –Ethiopia’s state-owned bank – Commercial Bank of Ethiopia – is still paying lower for forex exchange compared to other banks in the private sector in Ethiopia. Today’s buying rate from CBE was 122.59 for a U.S. dollar, and it was selling for 125.056 The rate for other majo...
The data was extracted from (FSTAT), the statistical data base of FAO and Central Bank of Egypt (CBE) for 14 years over the period 1995-2009. The results revealed that, the adoption of floating exchange rate regime in Egypt made a persistent higher uncontrolled inflation for livestock ...
Annual inflation rate in Egypt reached 7.8 percent in July compared with 13 percent in the same month in 2018, according to the country's statistics body. "The difference in the price of the custom dollar and the CBE's dollar price was about 50 piasters," he stated, saying the price di...
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