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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…
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
It’s interest rate decision time for the central bank
Good morning, friends. There’s plenty of big stories for you to get through this morning, with news that the IMF…
Analysts unanimously forecast that the Central Bank of Egypt will keep interest rates unchanged when it meets on Thursday
Rising fuel and tobacco prices are set to show in next month’s inflation data
Egypt’s foreign reserves continue their upward cruise, coming in at USD 46.9 bn in October
Reserves rose USD 205 mn from September’s USD 46.7 bn
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