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CBE

CBE announces instructions for accelerating financial transfers

This is part of CBE’s efforts to implement the strategy by the National Payments Council, headed by President Abdel Fattah Al-Sisi

Financial system showed ability to absorb losses from new COVID-19 wave: CBE

According to the CBE, the banking sector’s financial stability in recent years has allowed it to be able to deal with crises and repercussions

Egypt's monetary policy committee keeps interest rates on hold

The discount rate was also kept unchanged at 8.75 percent.