interest rates
Egypt keeps central bank governor for third term
Business
November 26, 2011
Egypt keeps central bank governor for third term
Egypt's ruling military council has decided to keep Central Bank governor Farouk al-Okdah in office for a third four-year term,…
Banks increase interest rates to attract deposits
Business
November 6, 2011
Banks increase interest rates to attract deposits
Egyptian public and private banks are competing to raise the interest rates of certain services, which some experts consider an…
Urban inflation eases to 11.8%
Business
June 9, 2011
Urban inflation eases to 11.8%
Urban consumer inflation in Egypt unexpectedly eased to 11.87 percent in the 12 months to May as food prices fell…
Experts expect interest rates to remain steady, inflation to rise
Business
June 5, 2011
Experts expect interest rates to remain steady, inflation to rise
Economic experts expect the Central Bank of Egypt (CBE) to keep interest rates at their current levels to encourage investment…
Egypt’s central bank leaves interest rates steady
Business
April 28, 2011
Egypt’s central bank leaves interest rates steady
Egypt's central bank kept its key overnight interest rates steady on Thursday in a bid to foster economic growth without…
CBE decides to keep rates unchanged again
Business
March 11, 2011
CBE decides to keep rates unchanged again
The Central Bank of Egypt's Monetary Policy Committee decided in a meeting last night to maintain overnight deposit and lending…
Egypt November inflation dips to lowest in 15 months
Business
December 9, 2010
Egypt November inflation dips to lowest in 15 months
Urban consumer price inflation in Egypt fell in the year to November to its lowest in 15 months, giving the…
Egyptian pound falls to lowest level against dollar since 2007
Business
September 9, 2010
Egyptian pound falls to lowest level against dollar since 2007
The Egyptian pound has fallen steadily against the US dollar over the past two weeks, with analysts partly attributing the…
CBE: Egypt’s forex reserves rise in May
Business
June 23, 2010
CBE: Egypt’s forex reserves rise in May
The Central Bank of Egypt (CBE) on Wednesday announced a $450-million increase in Egypt's foreign currency reserves during the month…