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Egypt central bank cuts key interest rates by 100 bpsThe central bank had hiked rates by 600 bps in March 2024 as Egypt signed a loan agreement with the International Monetary Fund (IMF), part of a broader effort to stabilise the economy and contain ...
the central bank said lower inflation had opened the way to further rate cuts in the future. "Despite the pick up in inflation through March and April, Egypt's real interest rate is still firmly ...
The Central Bank of Egypt (CBE) is expected to cumulatively cut rates by 725 basis points (bps) amid a careful unwinding in ...
Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent to two percent), despite rising fuel prices and the potential for the ...
CAIRO, April 17 (Reuters) - Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, saying lower inflation had opened the way ...
CAIRO (Reuters) -Egypt's central bank lowered its overnight ... The median forecast of 16 analysts polled by Reuters was for the central bank to cut rates by 175 basis points.
CAIRO (Reuters) - Egypt’s central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a reduction begun in April as inflation remains ...
CAIRO, April 17 (Xinhua) -- Egypt's central bank on Thursday cut key interest rates by 255 basis points, setting the lending rate at 26 percent and the deposit rate at 25 percent, the bank said in ...
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The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday, decided to reduce the overnight deposit and lending rates by one percentage ...
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