ECB Easing Talk Lifts Shares, Pressures Euro
Increased prospects of a European Central Bank interest rate cut this year sent the euro to a six-week low on…
Browsing Tag
Inflation
Egypt Central Bank Keeps Rates on Hold Amid Sluggish Growth
Egypt's Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government strives to…
Egypt Expected to Keep Rates Steady As Inflation Picks up
Egypt's central bank is likely to keep interest rates on hold at a meeting on Thursday, a Reuters survey shows, so…
Egypt’s Central Bank Makes Surprise Interest Rate Cuts
Egypt's central bank unexpectedly lowered its main overnight interest rate by 50 basis points at a policy meeting…
Protests Sink Rousseff Bid to Buff Brazil Image With Soccer
Brazil’s President Dilma Rousseff planned to use this month’s Confederations Cup soccer tournament to showcase…
China Inflation, Lending Falls Point To Economy Weakness
China's annual consumer inflation slowed in May while growth in bank lending fell below expectations, data showed…
Egypt Boosts FX Sale For Commodities As S&P Warns On Inflation
Egypt’s central bank will offer a record $800 million at a currency auction to local lenders today to finance…
Egypt’s Urban Consumer Inflation Eases To 7.6 Percent In March
Egypt's urban consumer inflation eased to 7.6 percent in the 12 months to March, from 8.2 percent in the 12 months…
Soaring Inflation Drives CBE To Raise Lending, Deposit Rates By 50 BPS
The Central Bank of Egypt’s Monetary Policy Committee has raised benchmark overnight deposit and lending rates by…
Egypt Likely Not To Receive IMF Loan; Says Former Official
Dr. Fakhry El-Feky, former assistant to the executive director of the International Monetary Fund (IMF), has ruled…
