interest rates
Egypt’s central bank seen holding interest rates after unexpected hikes
Economy
August 17, 2017
Egypt’s central bank seen holding interest rates after unexpected hikes
Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…
“NBE” and “Bank Misr”: New certificates at high interest rates just rumors
Egypt
July 10, 2017
“NBE” and “Bank Misr”: New certificates at high interest rates just rumors
Yahiya Abu Al Fottoh, Deputy Head of National Bank of Egypt (NBE), denied the issuance of certificates at high annual…
In surprise move, CBE hikes key interest rates
Business
May 22, 2017
In surprise move, CBE hikes key interest rates
The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth…
Egypt raises interest rates by 100 basis points, to highest level in years
Business
June 17, 2016
Egypt raises interest rates by 100 basis points, to highest level in years
Egypt's central bank raised its key interest rates by 100 basis points on Thursday to their highest levels in years,…
Egyptian central bank keeps key interest rates unchanged
Business
April 29, 2016
Egyptian central bank keeps key interest rates unchanged
Egypt's central bank kept its key interest rates unchanged on Thursday in its first decision since it raised rates by…
Euro zone PMIs, Asian and African central banks on steady course
Business
March 19, 2016
Euro zone PMIs, Asian and African central banks on steady course
As central bank rhetoric turns more dovish, investors will search for further hints of easing in a week with few…
Egyptian T-bill yields rise, signals possible interest rate hike
Business
February 28, 2016
Egyptian T-bill yields rise, signals possible interest rate hike
Yields on Egypt's three-month and nine-month treasury bills rose sharply at Sunday's auction, data from the central bank showed, signalling…
Egyptian yields buck rate hike with modest rise at auction
Business
December 29, 2015
Egyptian yields buck rate hike with modest rise at auction
Yields on Egypt's Treasury bonds rose only modestly at an auction on Monday, shrugging off an official rate rise, and…
Fed raises interest rates, citing ongoing US recovery
Business
December 17, 2015
Fed raises interest rates, citing ongoing US recovery
The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the…
UPDATE: Two more Egyptian banks raise interest rates on savings certificates
Business
November 10, 2015
UPDATE: Two more Egyptian banks raise interest rates on savings certificates
Egypt's third largest state bank, Banque Du Caire, and the private Societe Arabe Internationale bank on Tuesday raised interest rates…