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Egypt cuts interest rates as economy grows
Egypt’s central bank said on Thursday that it was cutting overnight interest rates, as it expects economic recovery and lower inflation. The monetary policy committee (MPC) lowered the overnight ...
Egypt's central bank cut its key interest rates by 100 basis points on Thursday, its second reduction in 2025 after keeping ...
MAN said it was deeply concerned about CBN’s continued decision to maintain the Monetary Policy Rate (MPR) at 27.5 per cent, ...
The central bank last month lowered rates by 225 basis points (bps), its first adjustment since March 6, 2024, when it hiked rates by 600 bps and let the currency slide sharply against the dollar, ...
Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a ...
Cairo - The International Monetary Fund (IMF) said Egypt should be vigilant when cutting interest rates amid global uncertainty due to US President Donald Trump’s tariff hikes, according to Bloomberg.
stabilizing at a rate of 1,250 barrels of oil per day with high quality light oil at 43°API, with minimal water cut (0.5 percent BS&W) through a 64/64-inch choke,” IPR noted in the release.
The Egyptian central bank commenced its policy easing cycle ... In 2026, we see inflation averaging 12 percent, allowing for a further 4-5 percent cut in interest rates. This new environment will ...
CAIRO, April 19 (Xinhua) -- Egypt's recent interest rate cut can boost market confidence as it sends a positive signal of easing inflation in the country, although the easing pace may be slow ...