Egypt’s c. bank auctions EGP 150b corridor-linked deposits
The Central Bank of Egypt (CBE) is offering corridor linked deposits for a duration of 35 days, amounting to 150…
Browsing Tag
inflation rates
Rate cuts depend on March outlook – ECB official
The European Central Bank (ECB) rate cuts will depend on the new outlook for inflation and economic growth, set to…
S. Arabia’s inflation drops to 1.5% in December
Consumer Price Index (CPI) showed that the country’s annual inflation rate slightly declined by 1.5 per cent.
Bank of Mexico may increase key rate by 25 bps
Mexican central bank, Banxico, is expected to raise its interest rate by 25 basis points on Thursday, as inflation…
U.S. Fed raises rates for the seventh time in a row
The U.S. Federal Reserve has on Wednesday increased its interest rates for the seventh time in a row this year,…
Inflation rises in Egypt again
Inflation is rise again in urban parts of Egypt after a month of calm, according to the state-run statistics agency…
U.S. Fed hikes key interest rates by 0.75 percentage point, biggest since 1994
The U.S. Federal Reserve has announced on Wednesday its biggest hike in interest rates since 1994, a move aimed to…
Moody’s says Egypt’s economy seen growing by 4.4% June-end
Credit rating agency Moody's said on Tuesday it anticipates Egypt’s economy to grow 4.4 percent in the current…
Egypt’s inflation rate hits 9.2 % in 2019
Egypt's average inflation rate record 9.2 percent in 2019 compared to 14.4 percent in 2018, the Cabinet's media…
Egypt among least competitive economies in the Middle East
Egypt’s economy ranks 11th in the 2017-2018 Global Competitiveness Index out of 12 Arab countries with Lebanon in…
