Strong hopes rates to remain stable for 6th consecutive time; 16.75% for deposit;17.75% for lending; 17.25% for credit, discount
Latest in Highlight
Amer hinted at imminent cuts, but linked them to curbing inflation first
Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn
The Central Bank of Egypt faces difficulty on inflation hike of more than 2% in May
Monetary Policy Committee increased pound’s interest rate to counter inflationary pressures
According to analysts, MPC is highly expected to keep the major interest rates at CBE unchanged for the sixth consecutive time during its meeting decided set for Thursday.
Central Bank decision to maintain interest rate was expected by analysts in order to curb inflation and save the deposits of family sector in banks