The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...

Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...

Annual inflation in Egypt went from 6.5% in December 2021, to 21.9% in December 2022. ... though it wasn’t clear how that would happen amid the current trends.

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

CAIRO (AP) — Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country’s statistics bureau said Tuesday. The ...

The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...

Egypt's Inflation Seen Declining for Fourth Month in June, Reuters Poll Shows. By Reuters | July 8, 2024. ... potentially disrupting the anticipated downward trend," said Mona Bedeir of Al Baraka ...

Egypt is poised to hold interest rates at an all-time high, seeking to keep a lid on inflation that ... The first reduction since 2020 may come in the final quarter if the disinflationary trend ...

Inflation in Egypt continues to skyrocket, leaving citizens struggling to buy basics Statistics bureau shows annual inflation at 21.9% last month, up from 19.2% in November, with fruits and dairy ...