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19 relations: Bank, Banknote, Cairo, Central bank, Chairman, Credit, Economy of Egypt, Egypt, Egyptian pound, External debt, Farouk El Okdah, Foreign exchange market, Foreign-exchange reserves, Gold, Governor, List of central banks, List of central banks of Africa, Monetary policy, Payment system.
Bank
A bank is a financial institution that accepts deposits from the public and creates credit.
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Banknote
A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable promissory note, made by a bank, payable to the bearer on demand.
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Cairo
Cairo (القاهرة) is the capital of Egypt.
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Central bank
A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.
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Chairman
The chairman (also chairperson, chairwoman or chair) is the highest officer of an organized group such as a board, a committee, or a deliberative assembly.
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Credit
Credit (from Latin credit, "(he/she/it) believes") is the trust which allows one party to provide money or resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead promises either to repay or return those resources (or other materials of equal value) at a later date.
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Economy of Egypt
The economy of Egypt was a highly centralized planned economy focused on import substitution under President Gamal Abdel Nasser.
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Egypt
Egypt (مِصر, مَصر, Khēmi), officially the Arab Republic of Egypt, is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.
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Egyptian pound
The Egyptian pound (جنيه مصرى; sign: E£, L.E. ج.م; code: EGP) is the currency of Egypt.
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External debt
External loan (or foreign debt) is the total debt a country owes to foreign creditors, complemented by internal debt owed to domestic lenders.
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Farouk El Okdah
Farouk Abd El Baky El Okdah (فاروق عبد الباقى العقدة, born August 1946) was the Governor of the Central Bank of Egypt "CBE" from December 2003 to February 2013.
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Foreign exchange market
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.
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Foreign-exchange reserves
Foreign-exchange reserves (also called forex reserves or FX reserves) is money or other assets held by a central bank or other monetary authority so that it can pay if need be its liabilities, such as the currency issued by the central bank, as well as the various bank reserves deposited with the central bank by the government and other financial institutions.
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Gold
Gold is a chemical element with symbol Au (from aurum) and atomic number 79, making it one of the higher atomic number elements that occur naturally.
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Governor
A governor is, in most cases, a public official with the power to govern the executive branch of a non-sovereign or sub-national level of government, ranking under the head of state.
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List of central banks
This is a list of central banks.
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List of central banks of Africa
There are two African currency unions associated with multinational central banks; the West African Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des Etats de l'Afrique Centrale (BEAC).
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Monetary policy
Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.
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Payment system
A payment system is any system used to settle financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards, and technologies that make such an exchange possible.
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