Egypt's inflation rates have eased for the second consecutive month, with the annual headline inflation slowing to 13.1 ...

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% ...

The Central Bank of Egypt CBE will leave its overnight interest rates unchanged when its monetary policy committee meets on Thursday as inflation continues to decline, a poll of analysts forecast.

Egypt's economy likely grew 4.0% in the fiscal year that ended in June, a slight upward revision from the 3.8% forecast in ...

Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.

Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...

This also reflects a real growth of private sector credit, along with high demand and investment across sectors, particularly ...

Egypt’s central bank governor, Tarek Amer, unpegged the pound from the dollar in November, leading to a sharp devaluation and paving the way for a much-needed $12 billion IMF loan. The exchange rate ...

Last week, the European Central Bank cut interest rates for the second time in three months. The Bank of England held rates steady on Thursday after cutting just once last month.

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 ...