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.