Central Bank of Egypt Archives

Blackouts, interest rates and gold ownership get attention on the airwaves

Egyptians bought a record amount of gold in 2Q, according to the World Gold Council

All analysts we surveyed expect the MPC to hold on raising rates for a third consecutive meeting

Areas across the country yesterday reported suffering power cuts outside of the government’s new schedule

Net liabilities in the banking system widened by USD 2.6 bn during the month

All seven analysts expect policymakers to hold rates for a third consecutive meeting

The central bank could launch a new scheme with FX conditionality in the next 2-3 months

Analysts expect authorities to devalue the currency again in September or October

Youssef is the founder and chairman of Youssef & Partners. Cayesh is a supply-chain finance startup.

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