World Central Bank stocks more gold Prevent Inflation Pressures – Currency, the latest data from the World Gold Council. indicates that central banks around the world Still moving forward, gold reserves have increased in the past half year. and in the next phase Even the gold price trend seems to be down. But the opportunity … Read more
04:52 PM Friday 26 August 2022 I wrote – Manal Al-Masry: Bankers, whom Masrawy spoke to, interpreted the Central Bank’s decision to ease restrictions imposed on withdrawals and cancel the maximum transactions on deposits for companies and individuals from bank branches and automated teller machines, which were established about two and a half years ago. … Read more
The markets are trying to recover. And the price of gold was also able to make up ground. But tomorrow, Friday, is hovering over all movements on the financial markets. Then Federal Reserve Chairman Jerome Powell will address the annual Jackson Hole Symposium in Wyoming. To help market participants, Powell will need to be clear … Read more
11:56 p.m Wednesday 24 August 2022 I wrote – Sherine Salah: The exchange rate of the dollar against the pound rose by one piaster in 5 banks, with the middle of trading today, Wednesday, compared to the beginning of trading today. The price of the dollar rose by two piasters yesterday for the first time … Read more
I wrote – Manal Al-Masry: Banks continue to offer savings certificates at the same interest rates without change after the Central Bank fixed interest yesterday, Thursday, in the first meeting of the Monetary Policy Committee after the appointment of the new acting central bank governor. The Monetary Policy Committee of the Central Bank of Egypt … Read more
The Monetary Policy Committee of the Central Bank of Egypt decided, at its meeting on Thursday, August 18, 2022, to keep the overnight deposit and lending rates and the central bank’s main operation rate at the level of 11.25%, 12.25% and 11.75%, respectively, and the credit and discount rate were kept at the same level. … Read more
stutteringThe Monetary Policy Committee of the Central BankToday, Thursday, to discuss interest rates, for the first time after 7 years, in the absence of Tariq Amer, the governor of the Central Bank, who submitted his resignation. The Monetary Policy Committee of the Central Bank of Egypt decided, at its last meeting on June 23, to … Read more
11:13 PM Wednesday 17 August 2022 Books – Masrawy: About 7 years that Tarek Amer spent as governor of the Central Bank of Egypt, where he assumed the position on November 27, 2015, succeeding former governor Hisham Ramez, but President Abdel Fattah Al-Sisi issued today a decision appointing Amer as an advisor to the President … Read more