Private banks begin raising interest rates on saving schemes in pounds
The step came after public banks raised their interest rates and an increase occurred in the return on debt instruments by which banks invest most of their liquidity in pounds
Latest in Tag: pounds Highlight
Latest in Tag: pounds
Bankers expect interest rates on savings instruments in pounds to rise
The Monetary Policy Committee of the CBE decided to raise deposit and lending rates at the Egyptian central bank by 1.5%, brining the rate to 10.75% for deposits and 11.75% for lending