Beltone Financial predicts CBE to keep interest rates unchanged

Beltone Financial Holding said it expects the Central Bank of Egypt (CBE) to keep interest rates unchanged during its meeting set for June 28.

In a report published Sunday it said that inflation rates, on an annual basis, dropped 11.4 percent in May from 13.1 percent in April against expectations that it would reach 13 percent.

Beltone Financial Holding SAE is an Egypt-based company, which operates within the diversified financial sector focusing on investment banking and brokerage.