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The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...
Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...
Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...
CAIRO (Reuters) - Egypt's central bank as expected left its overnight interest rates on hold on Thursday, saying inflation pressures had subsided but that economic growth had softened. The lending ...
Egypt's Central Bank raised its key interest rate Monday for the first time since 2017, citing inflationary pressures triggered by the coronavirus pandemic and Russia's war in Ukraine, which hiked ...
Egypt’s Central Bank raised key interest rates by 200 basis points each, a surprise move aimed at controlling inflation after the government increased the price of fuel and electricity.
The Central Bank’s Monetary Policy Committee will hold its meeting on Thursday – its second meeting regarding interest rates in 2025. Metwally noted that this meeting comes amid accelerating economic ...
Egypt's central bank is expected to leave its main interest rates unchanged at a meeting on Thursday, with a desire to attract foreign funds outweighing the decline in inflation to its lowest in ...
The Central Bank of Egypt has raised its key interest rate for the first time since 2017, citing inflationary pressures triggered by the coronavirus pandemic and Russia's war in Ukraine. Egypt is ...
Egypt’s monetary policy committee has its task cut out in curbing inflation when it meets on Thursday, after the central bank devalued the import-dependent country’s currency earlier in the week.
CAIRO, Feb 4 (Reuters) - Egypt's central bank kept its key interest rates on hold on Thursday, the bank said in a statement. The bank's monetary policy committee held the overnight lending rate at ...