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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 reductions following a stubborn increase in inflation over the last ...
CAIRO (Reuters) -Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the ...
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 ...
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 left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the fallout from US President Donald Trump's tariffs outweighed slowing inflation ...
Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...
Egypt's benchmark overnight lending rates are already high at 9.75 percent, but with foreign reserves languishing at $16.4 billion - enough for just three months of imports - economists believe ...
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.