Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...

CAIRO (Reuters) -Egypt's central bank lowered its overnight interest rates by a less-than-expected 100 basis points on Thursday, saying economic growth had accelerated in the first quarter while ...

Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, saying lower inflation had opened the way to yet further rate cuts in ...

Egypt’s central bank lowered overnight interest rates by 225 basis points (bps) on Thursday, its first cut in more than five years, saying lower inflation had opened the way to yet further rate ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday, decided to reduce the overnight deposit and lending rates by one percentage ...

Egypt’s inflation slowed only slightly in January, potentially complicating the timing of the central bank’s first interest-rate cuts since 2020. Annual consumer prices in urban areas rose 24% ...

The Central Bank’s Monetary Policy Committee will hold its meeting on Thursday – its second meeting regarding interest rates in 2025. Metwally noted that this meeting comes amid accelerating economic ...

The Central Bank of Egypt (CBE) is expected to cumulatively cut rates by 725 basis points (bps) amid a careful unwinding in 2025, according to Deutsche Bank. In its May meeting, the central bank opted ...

Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a reduction begun in April as inflation remains relatively low, a Reuters ...

CAIRO (Reuters) - Egypt’s central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a reduction begun in April as inflation remains ...

CAIRO (Reuters) -Egypt’s central bank lowered its overnight interest rates by a less-than-expected 100 basis points on Thursday, saying economic growth had accelerated in the first quarter while ...