CBE: $54bn in cash flows after liberalization of exchange rate
Central Bank of Egypt
Cairo - MENA
A well-placed source at the Central Bank of Egypt (CBE) said the cash flows reached more than 54 billion dollars in banks over the past seven months since the liberalization of the exchange rate in November 2016.
In statements to MENA on Monday, the source said the banks achieved additional liquidity of more than 8 billion dollars, in addition to the CBE's cash reserves that exceeded 31 billion dollars by the end of May for the first time since the January 25 Revolution.
The Forex liquidity improved following the liberalization of the exchange rate and the improvement of the economic climate in Egypt in the recent period, the source added.
The Balance of Payments (BOP) achieved an overall surplus of 11 billion dollars, the source said.
GMT 05:41 2018 Tuesday ,02 October
Egypt’s domestic liquidity rises to EGP 3.466 trillion "CBE"GMT 22:15 2017 Monday ,23 October
CBE to launch new department for banking customer serviceGMT 21:39 2017 Tuesday ,17 October
CBE chief: Egyptian banking system is strongGMT 20:29 2017 Saturday ,14 October
Foreign currency collected since floating pound hit $52bnGMT 21:17 2017 Wednesday ,05 July
CBE hits record of $1.1bn garnered in 2 days
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 14:58 2017 Tuesday ,28 February
Humans spark most US wildfires
GMT 07:09 2015 Monday ,27 July
Lorde sings duet for boyfriend James Lowe's birthday
GMT 00:49 2017 Tuesday ,28 February
New vehicle scanner to ease Oman border rush
GMT 11:13 2018 Saturday ,20 January
Gemayel lashes out at political force, invites public opinion to revolt
GMT 10:50 2018 Monday ,08 January
L'anza unveils sprayable styling paste Airpaste
GMT 16:40 2012 Monday ,20 February
New Ferrari Enzo
GMT 15:20 2017 Tuesday ,23 May
Iraqi forces launch military operation to purge Anbar from Daesh
GMT 13:47 2013 Friday ,22 March
FM: Greece takeover process of Cypriot banks
GMT 19:13 2017 Monday ,16 October
6 wounded in USA oil rig blaze near New Orleans
GMT 22:52 2017 Sunday ,03 September
Belgium seal World Cup place, France held by Luxembourg
GMT 00:42 2017 Tuesday ,24 January
Trump issues executive order scaling back parts of Obamacare
GMT 16:34 2016 Sunday ,25 September
Pakistani air force jet crashes, killing pilot
GMT 13:58 2016 Monday ,11 April
After protests, French PM vows to help youth get jobs
GMT 15:00 2016 Saturday ,13 August
Volleyball roundup: Brazil crush South Korea, Russia beat Japan to remain unbeaten in Olympic women's volleyball
GMT 20:53 2017 Wednesday ,14 June
Media council abandon complaint against writer
GMT 20:59 2017 Tuesday ,31 October
IMF official says Egypt's economy
GMT 15:19 2017 Wednesday ,29 November
Five things to watch out for in 2018
GMT 11:52 2017 Saturday ,25 November
'Black Friday' sales bonanza fails to boost London stock market
GMT 02:04 2017 Saturday ,18 November
To solve N.Ireland border issue
GMT 03:18 2017 Sunday ,05 November
Curva rebrands as FROW Magazine
GMT 15:03 2018 Sunday ,09 December
People of Golan reiterate rejection of occupation’s plans to Judaize their land and displace them
GMT 19:15 2018 Friday ,26 October
Weather, Partially cloudy skies, temperature below average
GMT 20:00 2016 Wednesday ,18 May
Cairo, Tangier chambers of commerce discuss beefing up economic cooperation
GMT 07:52 2018 Tuesday ,23 January
Rebel fire kills 9, including journalist, in Yemen's Taez
GMT 22:16 2018 Wednesday ,17 January
GCC Chief meets UN Envoy to Yemen
GMT 00:38 2017 Sunday ,10 September
Mass graves found after Afghan forces recapture village
GMT 15:54 2017 Thursday ,09 March
Daesh leader Al Baghdadi ‘flees Mosul’ as Iraqi forces advanceGMT 13:05 2011 Thursday ,23 June
Irish Derby to be bigger and exciting
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor