Egypt strengthens fiscal, monetary coordination to support economy
Egypt’s government is working to reinforce coordination between fiscal and monetary policies to sustain economic…
Browsing Tag
central bank
Saudi c. bank cuts repo, reverse repo rates by 25 basis points
Saudi Arabia’s central bank (SAMA) on Wednesday reduced the Repurchase Agreement (Repo) rate by 25 basis points to…
UAE c. bank cuts base rate by 25 basis points
The Central Bank of the UAE (CBUAE) on Wednesday lowered its Base Rate for the Overnight Deposit Facility by 25…
Egypt’s government reviews strategic petroleum reserves, sector payments
Egypt's Prime Minister, Moustafa Madbouly, held a meeting on Sunday to review the availability of Egypt’s strategic…
Egypt reports strong economic performance ahead of IMF visit
Egypt’s Prime Minister Moustafa Madbouly chaired the Economic Ministerial Group meeting on Wednesday to review…
Morocco keeps interest rate at 2.25%
Morocco’s central bank kept its key rate at 2.25 per cent on Tuesday, citing global and domestic risks despite…
UAE cuts base rate by 25 bps
The Central Bank of the UAE (CBUAE) reduced its Base Rate for the Overnight Deposit Facility by 25 basis points,…
Qatar cuts key interest rates by 25 bps
Qatar’s central bank (QCB) has reduced its key interest rates by 25 basis points, effective Thursday.
Bangladesh’s remittances 8.90% in August
Remittances from Bangladeshis living and working abroad rose 8.90 per cent year-on-year in August to $2.42 billion,…
UK cuts interest rate to 4%
The Bank of England (BoE) decided on Thursday to cut the rate by 0.25 per cent points to 4 per cent, citing…