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Central Bank of Egypt
From Wikipedia, the free encyclopedia
| Central Bank of Egypt | |
 |
|
| Type | |
|---|---|
| Founded | 1961 |
| Headquarters |  Cairo |
| Key people | Dr. Farouk Abd El Baky El Okdah, Governor and Chairman |
| Industry | Finance |
| Products | Financial Services |
| Website | http://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 State 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.
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