interest rates
Egypt’s headline inflation surges to 17.7% in October
Business
November 11, 2018
Egypt’s headline inflation surges to 17.7% in October
Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official…
Egypt’s net foreign reserves rise to $42.611 bn in March
Economy
April 2, 2018
Egypt’s net foreign reserves rise to $42.611 bn in March
Egypt’s net foreign reserves rose slightly to US$42.611 billion at the end of March, from $42.524 billion at the end…
Average yields on Egypt’s 3- and 7-year T-bonds rise at auction
Economy
January 9, 2018
Average yields on Egypt’s 3- and 7-year T-bonds rise at auction
Average yields on Egypt’s three-year and seven-year treasury bonds rose at an auction on Monday, central bank data showed. The…
Egypt’s central bank keeps interest rates unchanged
Economy
January 2, 2018
Egypt’s central bank keeps interest rates unchanged
Egypt’s central bank kept its key interest rates unchanged on Thursday as inflation remained in double digits a year after…
Egypt’s central bank holds interest rates as expected
Economy
November 19, 2017
Egypt’s central bank holds interest rates as expected
Egypt’s central bank kept interest rates unchanged as expected on Thursday, concluding that further declines in inflation were needed to…
Egypt on track for year-end IMF payment, but 32 percent inflation a worry
Business
September 27, 2017
Egypt on track for year-end IMF payment, but 32 percent inflation a worry
Egypt has made a “good start” to its reform programme despite seeking waivers for missing targets in June and a…
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,…