interest rates
Worries over global growth weigh as Fed mulls rate hike
Business
September 17, 2015
Worries over global growth weigh as Fed mulls rate hike
China's economic downturn and weak inflation pose a challenge to the US Federal Reserve as it weighs raising interest rates…
Survey: Egypt central bank to hold rates after inflation pick-up
Egypt
April 20, 2015
Survey: Egypt central bank to hold rates after inflation pick-up
Egypt's central bank is expected to keep interest rates on hold on Thursday, choosing not to cut borrowing costs to…
Egypt’s public banks increase interest rates on US$ CD
Egypt
April 2, 2015
Egypt’s public banks increase interest rates on US$ CD
Egyptian state-owned banks, such as the National Bank of Egypt and Banque Misr, have increased the interest rates on US$…
Egypt’s central bank cuts interest rates
Egypt
January 15, 2015
Egypt’s central bank cuts interest rates
Egypt's central bank (CBE) decided to cut the overnight deposit rate to 8.75 percent , and overnight lending rate to…
Central bank expected to maintain interest rates unchanged
Business
January 15, 2015
Central bank expected to maintain interest rates unchanged
The Central Bank of Egypt (CBE) will most likely keep interests rates on lending and deposits unchanged for one night…
Egypt central bank seen keeping rates on hold as inflation eases
Business
October 15, 2014
Egypt central bank seen keeping rates on hold as inflation eases
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure begins to ease after…
Central Bank raises rates to curb inflation, support pound
Business
March 22, 2013
Central Bank raises rates to curb inflation, support pound
The Central Bank raised interest rates on Thursday, hoping to curb soaring inflation and slow a sliding pound currency, but…
Central bank official: Foreign reserves may hit US$21.2 bn
Business
August 21, 2012
Central bank official: Foreign reserves may hit US$21.2 bn
An official at the Central Bank of Egypt told a state-run paper that he predicted the country's foreign reserve…
Central Bank leaves interest rates steady
Business
February 2, 2012
Central Bank leaves interest rates steady
The Central Bank left its benchmark overnight deposit and lending rates unchanged on Thursday, contrary to the forecasts of some…
Egypt’s stock market up on 2012 optimism, Central Bank cancels auctions
Business
January 2, 2012
Egypt’s stock market up on 2012 optimism, Central Bank cancels auctions
Optimism for the year ahead lifted Egypt's stock market on Monday and Egypt's benchmark index rose 1.6 percent as Egypt's…