Latest in Tag: interest rates Highlight
Latest in Tag: interest rates

CBE slashes interest rates by 1.5%
CBE slashed overnight deposit rate, lending rate, and the rate of main operation to 14.25%, 15.25%, and 14.75%, respectively.

CBE to discuss interest rates on Thursday
Expected rise in inflation means CBE likely to keep interest rates unchanged for 3rd time in 2019

Pundits expect CBE to hold interest rates unchanged on Thursday
April’s inflation slowdown is temporary, may pick up again by end-May: analysts, investment banks

Business community calls on CBE to more cuts in interest rates
Decision to cut interest rates by 1% is good, yet values still relatively high, say investment experts

CBE to review interest rates today in first 2019 meeting
Higher inflation in January shifts market expectations of interest stabilisation in this meeting

Intertwined factors will set fate of interest rates, exchange rate, FX reserves, inflation in 2019: Analysts, bankers
Inflation will be at 10%-14%, some analysis points to 17.8%

CBE reviews interest rates on Thursday
MPC cut interest rates twice this year, kept them unchanged during 4 consecutive meetings

Egypt shares to sustain gains as Central Bank leaves interest rates unchanged
EGX 30 rallies 3.8% or 548.9 points, closes at the level of 14,632.40 points

CBE maintains interest rates in the wake of rising oil prices
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to maintain interest rates at their current levels, according to a statement issued by the CBE on Thursday. On April, The MPC decided to cut interest rates by by 100 basis points (1%). For the second time in 2018, each of the overnight deposit …

Beltone expects CBE to cut interest rates by 2% by end-FY 2017/2018
Institution expects inflation slowdown to reach 12.8%, in line with CBE’s target of 13% ±3% by end-2018

Banks begin intensive discussions to review interest rates on loans, deposits after CBE cut them
BM considering fate of 17% certificates, other savings vessels, says El-Damaty

CBE cuts interest rates 100 bps for 2nd time in 2018
The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided to cut interest rates by 100 basis points (1%), according to a statement issued by the CBE on Thursday.

CBE to review interest rates on Thursday
Market uncertainty over expected MPC decision, as inflation eases, interest on dollar rises globally

Egypt shares to extend upwards trajectory as CBE seen cutting interest rates
EGX30 records best weekly gains since December 2016 in heavy trade

Egypt shares moving upwards as CBE cuts interest rates
Investors to embark on building new positions in large cap ahead of earnings season

Wave of large cuts in bank interest rates on deposits, loans starting Sunday
Banks operating in the local market started on Sunday a wave of major cuts in their interest rates and some loans, in response to the decision of Central Bank of Egypt (CBE) to reduce its basic interest rate by 1%, a move that is the first of its kind since 3 November 2016. This came …

CBE lowers interest rates 1% for the first time since floatation
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to lower the overnight deposit rate, the overnight lending rate, and the rate of the Central Bank of Egypt’s (CBE) main operation by 100 basis points to 17.75%, 18.75%, and 18.25% respectively. The discount rate was also reduced by 100 basis points to 18.25%. …

Further fall in inflation paves way for interest rates cut in Egypt: Capital Economics
Current data enough to convince MPC to ease policy at its next meeting

Will CBE cut interest rates on Thursday?
Amer hinted at imminent cuts, but linked them to curbing inflation first

Egypt shares seen moving sideways as CBE keeps interest rates on hold
EGX30 rises 2.35% in a week, hovers around all-time high

Egypt shares likely to extend sideways move as CBE keeps interest rates on hold
EGX30 lost 3.5% in a week, hovering around its lowest level in 9 months

Egypt Central Bank to reduce interest rates 1% by end of 2017: Capital Economics
Monetary easing is likely in 2018 with rates to be cut further than most expect

Interest rates stir new wave across auto market
70% of sales depends on loans, demand on used cars increased

Bond yields in emerging markets rise in anticipation of Fed decision
In May, there was an Increase in the interest on Egyptian bonds by 20 basis points in average terms

Analysts expect negative effects on EGX after raising interest rates
Continuation of increased interest on savings threatens the attractiveness of stocks: experts

Egypt’s stocks likely to move sideways due to interest rates hike, Ramadan
Local investors are expected to dump shares and turn them into banking assets

Banks tend to maintain interest rates unchanged despite CBE’s 2% hike
Government banks offer highest return on savings in the local market and they need to study the impact of new rises on money cost

Raising interest rates shakes markets, disturbs business community
Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn

US Fed: Interest rates unaltered, upbeat outlook
The US Fed kept its key interest rate unchanged in its first policy meeting since Donald Trump took over as president. Painting a relatively upbeat picture of the economy, it said it expects only gradual rate rises.The Federal Reserve’s decision on Wednesday to leave its benchmark interest rate unaltered came at a time of solid …

Uncertainty clouds future of interest rate on Egyptian pound
The Monetary Policy Committee will hold its last meeting in 2016 on Thursday to review the prices of basic earnings at the CBE