Central Bank of Egypt
From Wikipedia, the free encyclopedia
| Central Bank of Egypt البنك المركزي المصري Al-Bank al-Markazī al-Masrī |
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| Headquarters | Cairo, Egypt | ||
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| Governor and Chairman | Dr. Farouk Abd El Baky El Okdah | ||
| Central Bank of |  Arab Republic of Egypt |
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| Currency | Egyptian pound | ||
| ISO 4217 Code | EGP | ||
| Base borrowing rate | 10.75% | ||
| Base deposit rate | 8.75% | ||
| Website | www.cbe.org.eg/ | ||
- This is the article for Egypt's central bank; for "Bank of Egypt" please see Banque Misr
The Central Bank of Egypt is the central bank of Egypt. The bank's paid-up capital is 1000 million Egyptian pounds. According to its website, the CBE:
- Regulates banks and the banking system of Egypt
- Formulates and implements Egypt's banking policy, monetary policy and credit policy, including interbank rates;
- Issues banknotes;
- Manages gold and the foreign exchange reserves of the Arab Republic of Egypt
- Regulates and manages Egypt's presence in the foreign exchange market;
- Supervises the national payments system;
- Manages Egypt's public and private external debt.
[edit] See also
[edit] External links
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