Banks US dollar falls below EGP 49 on Tuesday Nada Ali Mar 12, 2024 0 The US dollar weakened against the Egyptian pound on Tuesday, falling below 49 pounds in many banks, as reported by…
Banks Egypt’s NBE offers 1-yr CD with 23% daily yield Nada Ali Mar 7, 2024 0 The National Bank of Egypt offers on Thursday new one-year certificate of deposit (CD) starting from 1000 Egyptian…
Africa News Bank of Uganda raises key rate by 50 basis points Aya Anwar Mar 6, 2024 0 Bank of Uganda increased its primary lending rate by 50 basis points to 10.00 per cent on Wednesday attributing the…
Banks Egypt’s c. bank offers fixed-rate EGP 150 bln deposits Nada Ali Mar 5, 2024 0 The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days’ worth 150…
Africa News CBN’s governor challenged by rate decision Aya Anwar Feb 27, 2024 0 Nigeria’s central bank governor, Olayemi Cardoso is facing a difficult challenge as he’s about to announce his…
Money Turkey holds rate for 1st time since May Aya Anwar Feb 22, 2024 0 For the first time since May, the Turkish Central Bank decided to hold interest rates as it transitions to a new…
Egypt News Egypt’s c. bank offers fixed-rate deposits of EGP 150 bln Nada Ali Feb 20, 2024 0 The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits for a period of seven days, worth 150…
Africa News Nigeria’s inflation hits 29.90%, highest since mid-1996 Nada Ali Feb 15, 2024 0 Nigeria’s headline inflation rate rose to 29.90 per cent in January 2024, compared to 28.92 per cent in December…
News UK inflation holds steady at 4.0% in Jan. Nada Ali Feb 14, 2024 0 British inflation remained at 4.0 per cent in January, defying expectations of an increase, lower than economists’…
Banks India’s c. bank keeps repo rate unchanged Nada Ali Feb 8, 2024 0 The Reserve Bank of India kept the policy repo rate unchanged at 6.50 per cent, as widely expected, amid a backdrop…