Central Bank of Egypt
 | |
| Headquarters | Cairo, Egypt |
|---|---|
| Established | 1961 |
| Governor and Chairman | Tarek Amer |
| Central bank of | Arab Republic of Egypt |
| Currency |
Egyptian pound EGP (ISO 4217) |
| Bank rate | 10.75% |
| Interest on reserves | 8.75% |
| Website | http://www.cbe.org.eg/en/Pages/default.aspx |
The Central Bank of Egypt (Arabic: البنك المركزي المصري, CBE) is the Central bank and monetary authority of Arab Republic of Egypt.
Functions
Its functions include
- Regulates banks and the banking system of Egypt;
- Formulates and implements Egypt's banking policy, monetary policy and credit policy;
- 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.
List of Governors
- Tarek Amer - November 2015 to Present
- Hisham Ramez - March 2013 to November 2015
- Farouk El Okdah - December 2003 to February 2013
See also
External links
- The Central Bank of Egypt official website (in Arabic)
This article is issued from
Wikipedia.
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