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The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
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 its overnight interest rates unchanged on Thursday as predicted, saying GDP growth had slowed to 2.9% in the second quarter of 2003 and headline inflation had decelerated ...
Egypt’s central bank left its overnight interest rates unchanged on Thursday, as expected, saying economic growth remained slow but that inflation has been decreasing. The bank’s Monetary ...
Inflation dropped to 25.7% in July, the first time the real interest rate has been positive since January 2022. Inflation had fallen from a record 38% in September to 27.5% in June.
Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday, the third meeting in 2025, to review the key interest rates in light of the latest ...
Egypt held its benchmark interest rate steady on Thursday, opting to keep it at a record high even as double-digit inflation eased to the lowest level in two years. The Monetary Policy Committee ...
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.