Cairo stocks fall over central bank’s rate rise move
Egypt’s stock market slipped back into negative territory on Sunday weighed by the latest interest rate rise from…
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interest rates
Egypt’s central bank raises interest rates 100 basis points
The Central Bank of Egypt (CBE) has decided to raise interest rates by 100 basis points after core inflation rate…
Fed seen holding rates steady as Brexit vote clouds outlook
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday and signal if it still plans to…
Central Bank of Egypt keeps key interest rates ‘unchanged’
Egypt's central bank has decided Thursday to keep its key interest rates unchanged in its first decision since it…
JP Morgan sees devaluation of Egyptian Pound by 35% in 2016
US-based financial services firm, JP Morgan forecasts that the Egyptian pound will be devalued by 35 percent in…
Egypt stocks shed $3.46bn over rates hike, travel ban
Egypt’s stock market incurred weekly heavy losses amounting to 27.1 billion Egyptian pounds (US$3.46 billion)…
New York Fed’s Dudley suggests rate hike could occur in December
New York Federal Reserve President William Dudley suggested the central bank may lift interest rates as early as…
China’s October factory, services surveys show economy still wobbly
Activity in China's manufacturing sector unexpectedly contracted in October for a third straight month, an…
Egypt central bank keeps interest rates ‘on hold’ in October
Egypt’s central bank (CBE) decided to keep interest rates unchanged after the bank's Monetary Policy Committee met…
Central bank of Egypt seen keeping key rates on hold- poll
Egypt's central bank is expected to hold interest rates Thursday as it balances the need to control inflation with…
