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CBE cuts interest rates by 1% in line of expectations
This is the second interest cut in a row following the 150 basis point on 22 August, and the third in 2019.
CBE to discuss interest rates on Thursday
Expected rise in inflation means CBE likely to keep interest rates unchanged for 3rd time in 2019
CBE to review interest rates on Thursday as 2018 meetings conclude
Strong hopes rates to remain stable for 6th consecutive time; 16.75% for deposit;17.75% for lending; 17.25% for credit, discount
Will CBE cut interest rates on Thursday?
Amer hinted at imminent cuts, but linked them to curbing inflation first
Investors believe raising interest rate is wrong, expert says it could control the economic situation
The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate by 2%, reaching 17.25%. In addition, the overnight deposit rate, overnight lending rate, and the rate of the Central Bank of Egypt’s (CBE) main operation increased by 2%, reaching 16.75%, 17.75%, and 17.25%, respectively. The step of raising the interest rates was recommended …
Raising interest rates shakes markets, disturbs business community
Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn
Price indicators suggest that inflationary shock is cooling off: Pharos Holding
The second IMF tranche disbursement will represent a confidence booster that would help ease potential pressure on the exchange rate, says Pharos
CBE keeps interest rates unchanged
In its meeting held on 30 March, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to keep the overnight deposit rate, the overnight lending rate, and the CBE’s main operation rate unchanged at 14.75%, 15.75%, and 15.25% respectively. The discount rate was also kept unchanged at 15.25%.
Strong expectations to keep interest rate unchanged during CBE’s MPC on Thursday, despite inflation hikes
Raising interest rates will not curb inflation caused by flotation and shortage, say analysts
Ambiguity mars CBE’s next move on EGP interest rates
The Central Bank of Egypt faces difficulty on inflation hike of more than 2% in May
Monetary Policy Committee holds first meeting in 2016 to discuss future of basic interest rates at CBE
The MPC decided during its last meeting on 24 December 2015 to raise basic interest rates by half a percentage point, resulting in an overnight deposit rate of 9.25%, an overnight lending rate of 10.25%, and a main operation and discount rate of 9.75%.
Global challenges may affect Egypt’s GDP growth: CBE
Monetary Policy Committee increased pound’s interest rate to counter inflationary pressures
CBE to investigate future of interest rates
The market expects MPC to fix both loan and deposit rates
CBE maintains key interest rates
The CBE also kept the discount rate unchanged at 9.25%.
CBE keeps ratings unchanged
Overnight deposit rate, overnight lending rate, main operations’ rate stand at 8.75%, 9.75% and 9.25%, respectively, bank said
Morsi loyalists besiege Media City
Pro-Morsi demonstrators denounce “media bias”
Experts predict higher inflation rates amid unchanged interest rates
Rising summertime prices and devaluing currency drive ongoing inflation