Monetary Policy Committee

CBE governor answers why interest rates were raised for the first time in 5 months
Economy

CBE governor answers why interest rates were raised for the first time in 5 months

On Thursday morning, the Central Bank of Egypt announced a package of exceptional decisions related to withdrawal and deposit limits…
Egypt announces flotation of Egyptian pound on Thursday
Economy

Egypt announces flotation of Egyptian pound on Thursday

The Central Bank of Egypt (CBE) issued a statement, on Thursday morning, announcing reform measures to ensure macroeconomic stability and…
Will the US dollar price exceed LE20 after CBE’s decision to raise interest rates?
Business

Will the US dollar price exceed LE20 after CBE’s decision to raise interest rates?

After the decision of the Central Bank of Egypt’s Monetary Policy Committee on Thursday to raise interest rates, experts expect…
CBE keeps key interest rates unchanged
Business

CBE keeps key interest rates unchanged

The Monetary Policy Committee of the Central Bank of Egypt (CBE) announced at its meeting on Thursday, February 3, 2022…
Turkey’s cenbank signals a pause will follow its latest rate cut
Middle East

Turkey’s cenbank signals a pause will follow its latest rate cut

ISTANBUL, Dec 16 (Reuters) – Turkey’s central bank signaled a pause to its easing cycle on Thursday after cutting its…
Egypt’s central bank cuts interest rates by 50 basis points
Economy

Egypt’s central bank cuts interest rates by 50 basis points

Egypt’s central bank cut its main interest rates by 50 basis points on Thursday, moving to support an economy badly…
In surprise move, CBE hikes key interest rates
Business

In surprise move, CBE hikes key interest rates

The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic growth…
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