interest rates
Egyptian yields buck rate hike with modest rise at auction
Business
December 29, 2015
Egyptian yields buck rate hike with modest rise at auction
Yields on Egypt's Treasury bonds rose only modestly at an auction on Monday, shrugging off an official rate rise, and…
Fed raises interest rates, citing ongoing US recovery
Business
December 17, 2015
Fed raises interest rates, citing ongoing US recovery
The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the…
UPDATE: Two more Egyptian banks raise interest rates on savings certificates
Business
November 10, 2015
UPDATE: Two more Egyptian banks raise interest rates on savings certificates
Egypt's third largest state bank, Banque Du Caire, and the private Societe Arabe Internationale bank on Tuesday raised interest rates…
December interest rate hike a ‘live possibility’: Fed
Business
November 5, 2015
December interest rate hike a ‘live possibility’: Fed
Federal Reserve governor Janet Yellen told Congress Wednesday that a December rate hike was a "possibility". The Turkish lira reacted on…
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…