Slight Improvement in Inflation as Annual Rate Declines to 13.9% Egypt’s urban inflation rate fell to 13.9% in July, down ...

The monthly core CPI inflation registered -0.3% last July, lower than -0.5% during the same month of 2024 and -0.2% in June ...

CAIRO: Egypt will auction 550 million euros ($640.15 million) in one-year euro treasury bills on Monday, the central bank ...

Egypt's annual urban consumer price inflation dropped to 13.9% in July from 14.9% in June, data from statistics agency CAPMAS ...

Egypt will auction 550 million euros ($640.15 million) in one-year euro treasury bills on Monday, the central bank said on ...

Central bank figures show "M1" money supply, which includes domestic currency in circulation and demand deposits in Egyptian pounds, jumped by 31.1% in the year to end-June 2024, after growing 33. ...

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% ...

Egypt's central bank will raise its overnight deposit rate by 175 basis points (bps) on Thursday in response to the U.S. Federal Reserve's rate hikes and commodity import price rises caused by the ...

CAIRO, Sept 5 (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 ...

Egypt's central bank has told banks it was banning them from distributing profits to shareholders to protect capital amid the COVID-19 crisis.

Egypt’s central bank on Thursday kept its benchmark interest rate unchanged for the third consecutive meeting as inflation stabilized, a move that might shore up the attractiveness of local ...

Egypt's annual core inflation rose to 11.6 percent in July, up from 11.4 percent in June, according to the Central Bank of ...