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…
Browsing Tag
Inflation
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…
IMF seen signaling preference for higher Egypt borrowing costs: official
Interest rates and fiscal measures are among the tools Egypt could use to control one of the highest inflation…
Fed’s Yellen aims to let healthy US economy coast along
The Federal Reserve's plans to raise U.S. interest rates gradually are aimed at sustaining full employment and…
Focus Economics sees Egypt inflation to average 22.3% in 2017
In its consensus forecast for the Middle East and North Africa region for April, Focus Economics participants…