Egyptian Expats’ Remittances Rise 19.6% From July to September: CBE

The Central Bank of Egypt (CBE) has uncovered that remittances sent home by Egyptian expats inched up by 19.6% YoY, or USD 1.3 bn (EGP 20.4 bn), during the first quarter of FY 2020/21.

CBE: USD 57 bn Cash Flow into Banks in 8 Months

Central Bank Governor Tarek Amer announces cash inflows into Egypt's banking system totalled over USD 57 bn since Egypt floated its currency in November, according to Reuters.

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