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Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...
Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Cabinet Spokesman Mohamed el Homosany said that Egypt seeks cutting inflation rate below 10 percent. He pointed out that the ...
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Egypt's headline inflation rate dropped dramatically last month to 12.8 per cent, down from 24 per cent in January, as the country carries out several reforms amid efforts to stabilise its economy.
The annual inflation rate also retreated from 25.5 percent in November 2024 to 24.1 percent in December 2024. The CBE targets cutting the inflation rate to a five-seven percent range in 2026-2028 ...
(Bloomberg) -- Egypt kept interest rates at an all-time high for a second consecutive meeting, looking to ensure a slowdown in inflation continues after a dramatic currency devaluation.Most Read ...
DUBAI (Reuters) - Egypt's annual urban consumer price inflation rate inched down to 24% year-on-year in January from 24.1% in December, data from statistics agency CAPMAS showed on Monday.
The falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.