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Banks
Egypt’s c. bank auctions EGP 5b zero coupon t-bonds
Egypt’s central bank (CBE) announced on Tuesday the issuance of 532 days treasury zero-coupon bonds worth five…
Egypt’s CBE issues fixed-rate EGP 150b deposits
The Central Bank of Egypt (CBE) offered on Tuesday a fixed-rate deposits at 27.75 per cent for seven days.
Zimbabwe hopes new ZiG currency to stabilise market
The Zimbabwean government introduced a new currency, ZiG, backed by gold reserves and foreign currency to address…
European banks seek ‘strategic’ status
European banks are urging the European Union (EU) to classify them as a strategic sector, warning that their…
Egypt annual inflation eases to 33.3% in March – CBE
Egypt’s annual headline inflation fell to 33.3 per cent in March, down from 35.7 per cent the previous month,
World Bank updates Egypt’s FY24, FY25 growth forecasts
Egypt’s economic growth is expected at 2.8 per cent in the 2024 financial year - which runs from July 2023 to June…
China pours $281m liquidity to bolster business activity
The People's Bank of China (PBC) conducted seven-day reverse repos worth two billion yuan ($281.77 million) at an…
ECB rate cuts could exceed 3 in ’24 – Simkus
The European Central Bank (ECB) is considering more than three interest rate cuts this year, according to…
Egypt’s central bank raises ATM withdrawals to EGP30k
Egypt’s central bank decided on Monday to increase daily ATM withdrawals to 30,000 Egyptian pounds ($619.22) from…
Egypt’s central bank raises cash withdrawal limits at banks to EGP250k
Egypt’s central bank decided on Monday to increase the maximum amount of cash customers can withdraw in-branch from…
