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Central Bank of Egypt keeps rates unchanged for sixth time in a row
The decision “remains appropriate to maintain a tight monetary stance until a significant and sustained decline in inflation is achieved”
Chinese sovereign bond yields drop to their lowest since 2009 amid demand slowdown and as property market crisis enters fifth year
Developers in the country have defaulted on USD 130 bn bonds since the crisis began — including USD 15 bn…
CBE to keep rates unchanged on Thursday, analysts say
Most analysts expect the CBE to hold off on rate cuts until 1Q 2025 despite an unexpectedly large dip in…
China headed for further stimulus in 2025
President Xi’s politburo announced plans for a looser monetary policy, moving away from the “prudent” approach previously followed
Egypt’s foreign reserves inches up USD 10.5 mn USD 47.0 bn in November
FX reserves rose to USD 36 bn in November
El Sisi shuffles CBE’s board headed by Abdalla. PLUS: HSBC Holdings taps Selim Kervanci as new Middle East CEO
Former Assistant Director of International Monetary Fund joined the board as an economic expert
Egypt’s net foreign assets fell by 11% to USD 9.2 bn in October
Net foreign asset deficit in commercial banks deepened to USD 1.4 bn
Central Bank of Egypt keeps rates stable for fifth time in a row
The CBE expects inflation to stabilize through year-end before easing further in 1Q 2025
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