Latest in Tag: Monetary Policy Committee Highlight
Latest in Tag: Monetary Policy Committee
Egypt’s Monetary Policy Committee increases key policy rates by 1% in extraordinary meeting
Objective of raising policy rates is to anchor inflation expectations, contain effects of supply shocks: MPC
Central Bank of Egypt to review interest rates for 1st time in 2021 on Thursday
In its last meeting for 2020, Bank decided to maintain deposit and lending rates at 8.25% and 9.25%, respectively
CBE’s Monetary Policy Committee convenes to decide on interest rates
Maintaining local currency attractive amid economic uncertainty due to Covid-19 crisis suggests keeping rates unchanged
We believe lower interest rates will help stimulate local private investment, consumption: HC securities & investment
We expect coronavirus fears to lead to outflows from Egyptian treasuries
MPC holds first meet in 2020 on Thursday
CBE to hold 9 MPC meetings this year
CBE reveals Monetary Policy Committee formation led by Tarek Amer
Committee membership includes Negm, Aboul Naga, Omran, El Araby, and El Ahwany
Metropolitan Egypt expects CBE to fix interest rates in next monetary policy committee meeting
I do not expect the dollar to reach EGP 14 in 2018, says Metropolitan Egypt CEO
Investors believe raising interest rate is wrong, expert says it could control the economic situation
The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate by 2%, reaching 17.25%. In addition, the overnight deposit rate, overnight lending rate, and the rate of the Central Bank of Egypt’s (CBE) main operation increased by 2%, reaching 16.75%, 17.75%, and 17.25%, respectively. The step of raising the interest rates was recommended …
CBE keeps interest rates unchanged
In its meeting held on 30 March, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to keep the overnight deposit rate, the overnight lending rate, and the CBE’s main operation rate unchanged at 14.75%, 15.75%, and 15.25% respectively. The discount rate was also kept unchanged at 15.25%.
CBE expected to hold steady interest rates on Thursday
The increase of interest rates will not decrease inflation because it did not result from an increase in supply, says Youssef
Interest rates remain unchanged by the CBE
Analysts expect these rates to remain unchanged for three to six months
JP Morgan expects further EGP devaluation, IMF loan deal
The US firm expects higher interest rates
CBE fixes prices of basic yield
The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday evening to fix the prices of basic yield at CBE, according to its statement
Monetary Policy Committee holds first meeting in 2016 to discuss future of basic interest rates at CBE
The MPC decided during its last meeting on 24 December 2015 to raise basic interest rates by half a percentage point, resulting in an overnight deposit rate of 9.25%, an overnight lending rate of 10.25%, and a main operation and discount rate of 9.75%.
CBE may raise interest rate on the pound next Thursday: analyst
Rising inflation and expectations of higher dollar interest may raise the interest rate on the pound sooner than expected
CBE to investigate future of interest rates
The market expects MPC to fix both loan and deposit rates
Falling EGP confirms Central Bank’s optimism, ensures foreign investors: DCode Consulting
On Thursday, the CBE’s Monetary Policy Committee lowered the interest rate for deposits and loans by 50 points in one night, to reach 8.75% and 9.75%, respectively.
CBE keeps interest rates on hold for third consecutive time
Bank says decision aims to balance increasing annual inflation rates, sluggish economic activity, low investment levels and negative GDP outlook
Central bank reduces its interest rates by 50 basis points
According to a statement on the bank’s website, the discount and repurchasing rates and deposit operations are now lowered to 9.75%.
CBE raises rates by 50 points basis to support the economy
Central Bank of Egypt (CBE) raised both of its main rates by a 50 points basis in an attempt to curb inflation and resolve the Egyptian pound crisis
CBE keeps interest rates unchanged
Monetary Policy Committee keeps interest rates the same for the ninth time since February last year