inflation

Inflation in Japan hits highest level in 41 years
World

Inflation in Japan hits highest level in 41 years

Tokyo Reuters  —  Japan’s core consumer prices in December rose 4.0% from a year earlier, double the central bank’s 2%…
Savings certificates with 25% return deadline expected in two or three weeks
Economy

Savings certificates with 25% return deadline expected in two or three weeks

Banque Misr and the National Bank of Egypt are expected to continue to offer term deposit savings certificates with a…
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
Business

CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022

The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared…
24 billion LE deposited into savings certificates in just two days
Egypt

24 billion LE deposited into savings certificates in just two days

The new savings term deposit certificates of 25 percent that were announced the other day have seen quick large deposits.…
US dollar price declines significantly on black market in Egypt
Business

US dollar price declines significantly on black market in Egypt

The exchange rate of the US dollar on the black market in Egypt declined significantly during the past days, losing…
CBE explains reasons for rising interest rates
Business

CBE explains reasons for rising interest rates

The Central Bank of Egypt (CBE) said that raising the interest rate that went up by three percent came after…
MP requests briefing from PM on economic situation in Egypt
Business

MP requests briefing from PM on economic situation in Egypt

Member of the House of Representatives and Vice President of the Egyptian Social Democratic Party, Freddy al-Bayady, submitted a request…
Egypt announces flotation of Egyptian pound on Thursday
Economy

Egypt announces flotation of Egyptian pound on Thursday

The Central Bank of Egypt (CBE) issued a statement, on Thursday morning, announcing reform measures to ensure macroeconomic stability and…
CBE withdraws LE100 billion of liquidity for 6th time in a month
Business

CBE withdraws LE100 billion of liquidity for 6th time in a month

Liquidity worth LE100 billion has been withdrawn by the Central Bank of Egypt (CBE) for the sixth time in about…
It now costs more than $300,000 to raise a child, thanks to inflation
Life & Style

It now costs more than $300,000 to raise a child, thanks to inflation

New York (CNN) – Soaring inflation has made almost everything more expensive. And it has significantly increased the cost of…
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