Raising interest rate could control Egypt’s economic situation: expert
The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate by 2 percent, reaching 17.25…
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Inflation
Why rate rise is no answer to 30% inflation in Egypt: Bloomberg
Egypt’s central bank is likely to hold interest rates on Sunday, even with inflation still soaring after the…
IMF backs Egypt scheme to remove fuel subsidies in 3Yrs, ease inflation
The International Monetary Fund (IMF) is encouraged by Egypt’s efforts to remove fuel subsidies within three years…
IMF backs Egypt plan to remove fuel subsidies in 3 years, ease inflation: official
The International Monetary Fund is encouraged by Egypt's efforts to remove fuel subsidies within three years and…
Egypt’s annual core inflation eases slightly to 32.06% in April
Egypt's annual core inflation eased slightly to 32.06 percent in April, down from 32.25 percent in March and 33.10…
Dollar prices hit eight-week highs vs yen
Dollar edged lower after notching an eight week high against the yen on Thursday in Asian trade, while the New…
INTERVIEW – Senior IMF official says lowering inflation key to Egypt’s reforms
Lowering Egypt's three-decade high inflation is key to keeping the country's economic reform programme on track and…
Dollar drops against euro after weak US economic data
U.S. dollar edged lower against the euro and eased off a one-month high against the yen on Monday after weak U.S.…
Egypt central bank postpones interest rate decision to May 21 amid IMF debate
Egypt’s central bank decided to postpone its next monetary policy meeting on interest rates until Sunday, May 21,…
Euro jumps on European inflation data, dollar climbs vs. yen
The euro rose against the U.S. dollar on Friday after strong euro zone inflation figures, while the dollar jumped…
