Return on debt instruments hits 12-year high
Different reactions to interest rate, 2% raise in interest rate at CBE
Egyptian Union for Investors Associations, CBE to discuss problems of companies that refused exchange rate difference initiative
The Union received requests from companies to speed up the settlement of…
CBE promotes 5 senior officials to deputy governor
Ramy Abu al-Naga took over monetary markets and reserve management, Essmat Hussein…
Energy subsidy cuts, take its toll on the average Egyptians
Egypt, a country with a population of 90m, where more than 28%…
Package of negative implications pending after hiking interest rate
Financing of companies through non-bank financial markets amongst top beneficiaries
Interest rate hike will impose significant fiscal burden: economic experts
HSBC believes that the CBE’s tightening cycle has peaked, Capital Economics forecast…
Egyptian pound fist to fist with US dollar yet again
Local currency began appreciating again by 21 piastres in four days, market…
Pound strengthens due to market supply and demand mechanism: Amer
The CBE governor told the president that the bank didn’t intervene to…
Banks consider impact of CBE’s decision to hike interest rates this week
CBE’s decision aims to curb inflation and ease its impacts after moving…
CBE raises interest rates 2% for second time in 2 months
Deposits increased to 18.75%, loans to 19.75%