interest rates
Egypt cuts interest rates by 50 bps as inflation subsides
Business
September 25, 2020
Egypt cuts interest rates by 50 bps as inflation subsides
Egypt’s central bank unexpectedly cut its main overnight interest rates by 50 basis points on Thursday, saying exceptionally low inflation…
Egypt’s central bank keeps key interest rates on hold – statement
Economy
June 26, 2020
Egypt’s central bank keeps key interest rates on hold – statement
CAIRO, June 25 (Reuters) — The Central Bank of Egypt (CBE) kept its main interest rates steady on Thursday, despite…
Exclusive: Draft of Lebanese financial rescue plan promises ‘painful’ steps
Middle East
February 3, 2020
Exclusive: Draft of Lebanese financial rescue plan promises ‘painful’ steps
BEIRUT (Reuters) – Lebanon’s new government will look to reduce interest rates and recapitalise banks as part of a broad…
Turkey’s Erdogan says plans 5% growth rate in 2020
Economy
September 5, 2019
Turkey’s Erdogan says plans 5% growth rate in 2020
ISTANBUL (Reuters) – President Tayyip Erdogan said Turkey would plan for economic growth of 5% in 2020 and expected interest…
Egypt’s deposit and lending interest rates declines by 1.5 percent: Report
Business
September 1, 2019
Egypt’s deposit and lending interest rates declines by 1.5 percent: Report
The Cabinet’s Media Center highlighted an infographic report on Sunday showing that the Central Bank of Egypt (CBE) has reduced…
Bankers expect stable interest rates through December
Middle East
July 9, 2019
Bankers expect stable interest rates through December
Egyptian economists and investment banks predicted that interest rates would remain fixed at 15.75 percent for deposit and 16.75 percent…
Egypt’s central bank keeps key interest rates unchanged
Economy
May 27, 2019
Egypt’s central bank keeps key interest rates unchanged
CAIRO, May 23 (Reuters) – Egypt’s central bank on Thursday kept its key interest rates unchanged, in line with a…
India economy seen losing momentum ahead of election
World
February 27, 2019
India economy seen losing momentum ahead of election
NEW DELHI (Reuters) – India’s economy appeared to be losing momentum in the approach to a general election that must…
World feels sting of US Federal Reserve
Economy
December 18, 2018
World feels sting of US Federal Reserve
JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
Global economy in 2019: Growth beginning to fray
Economy
December 12, 2018
Global economy in 2019: Growth beginning to fray
American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest…