
Strong expectations to keep interest rate unchanged during CBE’s MPC on Thursday, despite inflation hikes
Raising interest rates will not curb inflation caused by flotation and shortage, say analysts
Raising interest rates will not curb inflation caused by flotation and shortage, say analysts
Banks operating in the local market are experiencing a US dollar supply increase while demand has cooled in recent days, according to Tamer Youssef, head of treasury at a bank operating in the domestic market. Banks have seen significant demand for the dollar during December and the first days of January because foreign companies operating …
US dollar in 2017 will range from EGP 16-18, likely to close year at EGP 16.5-17