Latest in Tag: CBE Highlight

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Latest in Tag: CBE


The Central Bank of Egypt (CBE) has said that the path of global economic recovery depends on the effectiveness, availability, and speed of distributing vaccines for the novel coronavirus (COVID-19).

Egypt’s special drawing rights jump by $2.646bn in August: CBE

The Central Bank of Egypt (CBE) has revealed that the balance of special drawing rights (SDRs) included in the net international reserves increased by about $2.646bn in August 2021, to reach about $2.847bn, compared to only about $200m at the end of July 2021. CBE revealed that Egypt’s net international reserves rose to $40.672bn in August 2021, compared to $40.609bn in July. According …

Hossam Mounir