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Central bank plans digital infrastructure company to support financial inclusion
The Central Bank of Egypt’s financial inclusion strategy seems to be moving forward after the bank yesterday set up a…
Enterprise Explains: Repurchase agreements (repos)
Enterprise Explains: Repurchase agreements (repos). The Central Bank of Egypt (CBE) earlier this month extended the term of a repurchase…
Central bank working on new financial inclusion strategy -Amer
A national strategy for financial inclusion is in the works at the Central Bank of Egypt (CBE), Governor Tarek Amer…
What we’re tracking on 24 November 2020
Good morning, wonderful people — and happy midweek. We have a pleasantly busy issue this morning, including two international stories…
IMF gives initial approval to second tranche of USD 5.2 bn standby loan
Egypt is on track to receive the second tranche of its USD 5.2 bn IMF standby loan after it reached…
CBE extends USD 3.8 bn repo agreement with int’l banks
CBE extends term of USD 3.8 bn repo transaction with int’l banks to six years: The central bank has agreed…
Central Bank of Egypt makes shock 50 bps rate cut
The Central Bank of Egypt (CBE) cut interest rates by 50 basis points on Thursday for the second consecutive time…
Inflation hits four-month high in October
Annual headline inflation accelerated to 4.6% in October from 3.7% inSeptember, according to Capmas figures (pdf) released yesterday. October’s inflation…
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