Arab Finance: The US dollar rate against the Egyptian went up on Monday, hitting EGP 51.34 for buying and EGP 51.44 for ...

The central bank incurred net forex losses of more than 12 billion birr during the reporting period, and a similar amount the ...

Kenyan lenders KCB and Equity, which have representative offices in Ethiopia, have been ...

Banque Misr and the National Bank of Egypt (NBE) on Tuesday announced a reduction in the interest rate for the three-year dollar-denominated certificates of deposits (CDs) with a quarterly return to ...

The National Bank of Ethiopia (NBE) announced on March 31 that it would conduct foreign exchange auctions every two weeks ...

The introduction of bi-weekly auctions follows the implementation of a market-based exchange rate regime, which replaced the ...

Egyptian expatriates can apply for the new loans at any NBE bank branch starting on Wednesday, 26 July, or through other channels soon to be announced by the NBE. The new loans will be provided ...

The central bank stated that Ethiopia’s external balance of payments has improved since the launch of a comprehensive macroeconomic reform in July 2024. As a result, the country’s foreign exchange ...

The National Bank of Ethiopia (NBE) has unveiled plans to modernize the government treasury bill (T-bill) system, aiming to make these financial instruments more accessible to citizens and investors.