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CBE holds interest rates steady for the seventh consecutive meeting
The CBE saw that “the current policy rates are appropriate to maintain a sufficiently tight monetary stance”
CBE leaves interest rates unchanged
Good morning all you wonderful people, and welcome to the weekend. We have a short and snappy issue for you…
To cut, or not to cut
Good afternoon, wonderful people, and happy Thursday. Despite the slow newsday the EnterpriseAM presses continue to churn, with today’s issue…
How Egypt’s commercial banks are bracing for a potential rate cut
Banks are expected to take several measures to prevent a decline in their revenues after an extended period of high…
The central bank’s MPC will meet to review rates today
Good morning, friends. We have another packed issue for you this morning to close out the week. In today’s issue…
To cut or not to cut: Analysts weigh in on the MPC’s next move
Four of the nine analysts and economists we surveyed see the MPC cutting rates
Egypt’s net foreign assets dropped 12% to USD 5.2 bn in December
The decline was driven by a widening deficit in the net foreign assets of commercial banks
Egypt’s foreign reserves inch up USD 156 mn in January to USD 47.3 bn
FX reserves declined to USD 35.8 bn in January
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