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Bank of Russia may raise interest to 20%
The Bank of Russia could significantly raise its key interest rate if concerns about the slowdown of inflation and…
Egypt’s sources of foreign currency ‘stable’ – PM
Egypt’s sources of foreign currency are “stable” and the state’s primary needs are secured, according to Prime…
PM: Egypt’s FX reserves cover 8 months of imports, ensuring economic stability
Prime Minister Moustafa Madbouly said on Thursday that Egypt’s foreign reserves currently cover eight months of…
Egypt govt eyes single-digit inflation by ’25-end – PM
The Egyptian government has an ambitious goal of reducing inflation to below 10 per cent by the end of 2025, Prime…
Monday’s hot money exit didn’t drain Egypt’s FX reserves – PM
Egypt has experienced an outflow of hot money on Monday due to a global sell-off, but the government assures that…
Egypt’s core inflation dips in July – CBE
Egypt's monthly core CPI inflation rate saw a decline in July, recording a negative 0.5 percent compared with 1.3…
Egypt’s CBE auctions EGP 55b in t-bills
The Central Bank of Egypt (CBE) offered 55 billion Egyptian pounds in treasury bills (T-bills) on Thursday.
EGP closes slightly down against USD on Thursday
The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian…
RBI reassures investors amid bond restrictions
The Reserve Bank of India (RBI) has moved to allay concerns over recent restrictions imposed on foreign ownership…
JPMorgan raises US recession odds to 35%
JPMorgan has raised its estimate of a US recession by year-end to 35 per cent from 25 per cent, citing easing…
