Ensuring monetary stability and banking system soundness, as well as price stability within the context of the general economic policy of the state

Section Body text

The Central Bank of Egypt Issues the 20-Pound Polymer Banknote

08 Apr 2024 CPI Press Release March 2024 08 Apr 2024 Press Release Balance of Payments Performance during the First Half of FY 2023-2024 04 Apr 2024 “FinTech Egypt” Launches "Women for Women in FinTech" Initiative 03 Apr 2024 Net International Reserves reached US$ 40,361.3 mn at the end of March 2024 21 Mar 2024 NilePreneurs Provided 430,000 Non-Financial Services to Over 147,000 Projects Through 110 Business Development Service Hubs 20 Mar 2024 The CBE decided to cancel the scheduled meeting of the MPC on Thursday, March 28th 2024, in light of the sufficiency of the special meeting of the Committee on Wednesday, March 6th 2024. 14 Mar 2024 The Banking Sector Participates in the Second Phase of the Presidential Initiative “Decent Life”

Key Statistics

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Overnight Deposit Rate

27.25%

Overnight Lending Rate

28.25%

Conia

27.281%

CORE INFLATION RATE

33.660%

HEADLINE INFLATION RATE

33.340%

MAIN OPERATION

27.75%

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Exchange Rates

Exchange Rates
CBE Exchange Rates

Currency US Dollar

Buy 48.2834

Sell 48.3834

Currency Euro

Buy 51.4846

Sell 51.6106

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Average Client Rate in EGP

April 18, 2024

Currency US Dollar

Buy 48.2683

Sell 48.4066

Currency Euro

Buy 51.5312

Sell 51.6982

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CBE Exchange Rate in EGP

April 18, 2024

Monetary Policy

Current Inflation target

7.0% (±2 percentage points) on average in 2024 Q4

The CBE aims to achieve monetary and banking system soundness and price stability, within the context of the general economic policy of the state, in accordance with the Central Bank and Banking System law no. 194 of 2020. Within its price stability mandate, the CBE is committed to achieve and maintain low and stable inflation over the medium term

HIGHLIGHTS

08 Apr 2024

CPI Press Release March 2024

08 Apr 2024

Press Release Balance of Payments Performance during the First Half of FY 2023-2024

Press release BOP H1 2023--2024

03 Apr 2024

Net International Reserves reached US$ 40,361.3 mn at the end of March 2024

Net International Reserves at the end of March 2024

OTHER NEWS

04 Apr 2024

“FinTech Egypt” Launches "Women for Women in FinTech" Initiative

FinTech Egypt Launches Women for Women in FinTech Initiative

06 Mar 2024

Special MPC Press Release 6 March 2024

14 Apr 2022

Central Bank of Egypt's Measures to offset the impact of COVID-19

Time Series

Historical data & statistics for different macro economic indicators

CBE Publications

Get access to the various reports & publications about Egyptian economy

Regulations Book

A collection of Regulations, Circulars, and current Initiatives

20 Jun 2023

The Central Bank of Egypt Issues the 20-Pound Polymer Banknote

25 May 2023

CBE Governor Participates in the Launch of the African Economic Outlook 2023 Report

23 May 2023

CBE Governor Speech during the Opening Session of AfDB AMs 2023

08 Nov 2022

The Signing of a Memorandum of Understanding (MoU) for Egypt’s hosting of the AfDB 2023 Annual Meetings

23 Oct 2022

Speech by H.E. Mr. Hassan Abdalla - Governor of the Central Bank of Egypt - at the Egyptian Economic Conference 2022

23 Oct 2022

Speech by Mr. Rami Abulnaga -Deputy Governor of the Central Bank of Egypt- at the Egyptian Economic Conference 2022

14 Oct 2022

Speech by H.E. Mr. Hassan Abdalla - IMF and World Bank Group Annual Meetings- Washington- October 2022

11 Aug 2022

The Central Bank of Egypt releases the first plastic polymer-made banknote in the denomination of EGP 10

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Ensuring monetary stability and banking system soundness, as well as price stability within the context of the general economic policy of the state

Ensuring monetary stability and banking system soundness, as well as price stability within the context of the general economic policy of the state

Key Statistics

News & Updates

HIGHLIGHTS

CPI Press Release March 2024

Press Release Balance of Payments Performance during the First Half of FY 2023-2024

Net International Reserves reached US$ 40,361.3 mn at the end of March 2024

OTHER NEWS

“FinTech Egypt” Launches "Women for Women in FinTech" Initiative

Special MPC Press Release 6 March 2024

Central Bank of Egypt's Measures to offset the impact of COVID-19

Time Series

CBE Publications

Regulations Book

Video Gallery

The Central Bank of Egypt Issues the 20-Pound Polymer Banknote

CBE Governor Participates in the Launch of the African Economic Outlook 2023 Report

CBE Governor Speech during the Opening Session of AfDB AMs 2023

The Signing of a Memorandum of Understanding (MoU) for Egypt’s hosting of the AfDB 2023 Annual Meetings

Speech by H.E. Mr. Hassan Abdalla - Governor of the Central Bank of Egypt - at the Egyptian Economic Conference 2022

Speech by Mr. Rami Abulnaga -Deputy Governor of the Central Bank of Egypt- at the Egyptian Economic Conference 2022

Speech by H.E. Mr. Hassan Abdalla - IMF and World Bank Group Annual Meetings- Washington- October 2022

The Central Bank of Egypt releases the first plastic polymer-made banknote in the denomination of EGP 10

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Financial Stability

Monetary Policy

Financial Technology

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