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Germany records €23.6b budget deficit in H1 ’24
Germany's federal budget recorded a deficit of €23.6 billion for the January–June 2024 period.
Germany’s federal expenditure down 4.0% in H1 ’24
Germany's federal expenditure amounted to €220.0 billion from January to June 2024, reflecting a 4.0 per cent (€9.2…
Turkey c.bank holds rates at 50%, maintains tight grip on inflation
Turkey's central bank extended on Tuesday its interest rate hold for a fourth month, emphasising its commitment to…
Egypt’s reserve money M0 reaches EGP 1.965t in June – CBE
Egypt’s reserve money (M Zero) reached 1.965 trillion Egyptian pounds at the end of June 2024, compared to 1.689…
China’s c. bank move aims to ease bond market pressure
China's central bank decision to lower collateral requirements for medium-term loans (MLF) is expected to alleviate…
IMF, IDB expand partnership for Latin America, Caribbean
The International Monetary Fund (IMF) and the Inter-American Development Bank (IDB) have announced an expanded…
Significant improvement in Egyptian economy – CBE
Egypt’s debt reduction, robust reserves, and prudent policies have positioned the country for sustained growth and…
Egypt’s inflation hits lowest rate since ’23
The decision to unify the exchange rate in March 2024, along with bold monetary policy decisions, has significantly…
Egypt’s FX up 200%, remittances double – CBE
A senior source at the Central Bank of Egypt (CBE) revealed a massive growth in foreign exchange inflows to the…
Egypt’s c. bank FX surplus up to $10.3b by June ’24
The net assets held by the Central Bank of Egypt (CBE) increased significantly to $10.3b up from (negative) $11.4b…