Latest in Tag: CBE Highlight
Latest in Tag: CBE
For the seventh time: CBE fixes interest rates on deposits and loans
In its meeting Thursday, the monetary policy committee in the Central Bank of Egypt has decided to fix the interest rates on deposits at 9.25 per cent and on the one night lending at 10.25 per cent for the seventh time since February, in an attempt to maintain the bank’s monetary policy and to control …
Egypt to receive first instalment of Turkey’s pledged $2bn loan
The Turkish loan to Egypt has triggered a political crisis in Turkey.
CBE prepared to take necessary steps to protect pound
Central Bank of Egypt officials say they are committed to keeping Egypt’s pound and foreign reserves stable, but do not have a “magic number” targeted
