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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 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 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 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 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 Egyptian pound has continued to strengthen modestly against the US dollar, with the official exchange rate falling below ...
HC Securities attributed its projections to Egypt’s macroeconomic developments and the geopolitical conditions ...
CAIRO (Reuters) - Egypt's central bank said on Friday it had raised key interest rates by a half percentage point, its sixth increase this year, to contain inflation expectations. Sign up here. It ...
The Board of Directors of Credit Agricole Egypt approved the Bank’s results for the period ending June 30, 2025, at its meeting held on Tuesday, July 29, 2025 ...
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 ...
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 ...
Crédit Agricole Egypt has entered into a partnership with Infinity to accelerate the transition to solar energy for ...