interest rate

Central Bank of Egypt announces interest rate increase
Business

Central Bank of Egypt announces interest rate increase

  The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Turkish lira dips to new low after another interest rate cut
Middle East

Turkish lira dips to new low after another interest rate cut

Turkey’s Central Bank again cut a key interest rate Thursday despite soaring consumer prices that are making it difficult for…
Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt

Egypt’s headline inflation edged up to 5.7% in August: CAPMAS

Egypt’s annual urban consumer price inflation accelerated slightly to 5.7 percent in August from 5.4 percent in July, reaching its…
Egypt’s central bank cuts interest rates by 50 basis points
Economy

Egypt’s central bank cuts interest rates by 50 basis points

Egypt’s central bank cut its main interest rates by 50 basis points on Thursday, moving to support an economy badly…
Central Bank of Egypt keeps overnight interest rates unchanged
Business

Central Bank of Egypt keeps overnight interest rates unchanged

The Monetary Policy Committee of the Central Bank of Egypt decided, at its meeting on Thursday, to keep important interest…
Egypt’s central bank makes third straight cut to interest rates
Economy

Egypt’s central bank makes third straight cut to interest rates

Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…
CBE cuts interest rates by 100 basis points
Business

CBE cuts interest rates by 100 basis points

The Central Bank of Egypt (CBE)’s Monetary Policy Committee decided on Thursday to cut interest rates by 100 basis points,…
Egypt economy likely to remain unshaken by Sinai attack
Economy

Egypt economy likely to remain unshaken by Sinai attack

The mosque attack in Egypt’s Sinai may only strengthen the view that the country needs continued IMF support as agreed…
CBE’s interest rate hike last of reform procedures, source
Egypt

CBE’s interest rate hike last of reform procedures, source

A high-level government source said Friday that the decision of the Monetary Policy Committee of the Central Bank of Egypt…
Egypt state banks launch products with 12.5% interest rate to support pound
Egypt

Egypt state banks launch products with 12.5% interest rate to support pound

Egypt's two largest state banks have launched savings certificates for Egyptian pounds with an interest rate of 12.5 percent to…
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