Egyptian pound gains ground at Wednesday’s close
The Egyptian pound (EGP) strengthened against the US dollar (USD) on Wednesday, June 4 2025, according to data from…
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monetary policy
Sterling edges higher as UK avoids Trump tariff hike
Sterling firmed against the dollar on Wednesday as the UK avoided inclusion in US President Donald Trump's latest…
BoE’s Bailey: Rate cuts ‘gradual, careful’ amid trade uncertainty
Bank of England Governor Andrew Bailey told lawmakers on Tuesday that interest rate cuts in the UK will remain…
Euro area inflation slows to 1.9% in May – Eurostat
Euro area inflation slowed to 1.9 per cent in May, down from 2.2 per cent in April, edging just below the European…
Bank Indonesia to inject $5bn liquidity into banking sector
Bank Indonesia's (BI) decision to reduce the secondary reserve requirement from 5 to 4 per cent starting in June…
Turkey keeps inflation forecast unchanged at 24%
Turkey’s central bank kept its year-end inflation forecast steady at 24 per cent on Thursday, with Governor Fatih…
Egypt’s inflation slows sharply in Q1 ’25 after years of external, domestic shocks
Egypt’s inflation continued to ease in early 2025, with both headline and core rates recording sharp declines,…
Egypt’s c. bank expects inflation to reach target by late ’26
The Central Bank of Egypt (CBE) expects inflation to continue declining over the coming two years, gradually moving…
Fitch Solutions: Egypt inflation to face temporary bumps, rate cuts remain likely
Ramona Moubarak, Director for MENA Country Risk at BMI, Fitch Solutions, said Egypt’s inflation path is expected to…
URGENT: ECB cuts interest rates
The European Central Bank (ECB) decided on Thursday to lower its key interest rates by 25 basis points, effective…