Tag: central bank

China slashes interest rates to back economy

China's central bank has once again cut interest rates and lowered the…

Deutsche Welle

New report highlights expansion of presidential powers

EIPR argues that President’s decree to remove independent bodies’ heads poses threat…

Emir Nader

Fed leaves door open for September rate hike

Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…

Deutsche Welle

IMF’s Lagarde: Greek debt restructuring ‘inevitable’

The head of the International Monetary Fund, Christine Lagarde, has insisted that…

Deutsche Welle

CBE maintains key interest rates

The CBE also kept the discount rate unchanged at 9.25%.

Daily News Egypt

Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE

Rate ranges between EGP 7.8 to EGP 8 in unofficial market.

Sara Aggour

Presidential decree appoints board of trustees for ‘Long Live Egypt’ Fund

Other decrees raised military pensions by 15%, approved foreign loans to enhance…

Adham Youssef

Inflation rate rose by 0.7% in October

Higher energy prices may be driving inflation, says former IMF assistant

Menna Samir

Interest rate hike to threaten government debt inflation if financial reform fails: DCode Chairman

Central Bank of Egypt increased interest rates by 1% to contain high…

Mohamed Ayyad

Q3 of FY 2013/2014 witnessed rises in foreign and domestic debt

Foreign debt recorded at $45.3bn, while domestic debt reached EGP 1.7tn

Sara Aggour