Tag: CBE

Strong expectations about pound devaluation by CBE after raising interest rates

Analysts warn about the negative impact on inflation rate if the step…

Hossam Mounir

Analysts expect EGX to overcome rise of interest rate by reaching 7,480 points

Analysts predicted that purchasing powers will be dominant during the trading session…

Mohamed Ahmed

Banks to hold meetings on Sunday on the fate of interest rates following CBE decision

Banks will watch the decision’s impact’s yield on treasury bills and bonds…

Hossam Mounir

Increase in interest rate threatens ability to attract investments, wastes opportunities

The deflationary policy will increase inflation and production costs will climb, says…

Mohamed Alaa El-Din

CBE raises interest rate to its record high in 11 years

This increase boosts the CBE's deposit rate to 11.75% and lending to…

Hossam Mounir

Ambiguity mars CBE’s next move on EGP interest rates

The Central Bank of Egypt faces difficulty on inflation hike of more…

Hossam Mounir

CBE sells $120m to banks to release imported intermediate goods stuck in customs

El-Menilawy added that the CBE on Tuesday morning had asked the departments…

Hossam Mounir

Local, international institutions offer to invest $915.4m in treasury bills

The bank auctioned $700m that will mature in one year’s time on…

Hossam Mounir

CBE offers treasury bills worth $700m

New tender to be issued for payment of old bills offered in…

Hossam Mounir

PBDAC awaits  supervision by CBE to implement development plan: chairperson

The new law does not exclude the bank from Ministry of Agriculture…

Hossam Mounir