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We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial settlements in local currencies, in line with the BRICS cross-border payments ...
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AllAfrica on MSNNet Foreign Assets of Banking Sector Increased By Approximately $1.2 Bn, Reaching $14.7 Bn in May 2025The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...
Cairo – The Central Bank of Egypt (CBE) unveiled treasury bills (T-bills) at a combined value of EGP 65 billion through two ...
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