EGP fluctuates against USD on early Thursday trade
The Egyptian pound recorded 47.26 pounds purchasing price against the US dollar, and 47.36 pounds for selling on…
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Rates
Egypt’s central bank keeps key interest rates steady
Egypt’s central bank has on Thursday kept its main interest rates steady, saying the previous rate cut two week ago…
ECB unveils stimulus to fight coronavirus impact
The European Central Bank (ECB) announced on Thursday measures to support bank lending and expanded its asset…
HC: Egypt central bank to leave key rates unchanged on Feb. 20 meeting
Egypt’s central bank is expected to keep its key interest rates unchanged at its next monetary meeting on February…
Egypt’s central bank announces rate meeting schedule for 2020
Egypt’s central bank on Wednesday announced the schedule of its meetings that determine the course of monetary…
India’s central bank surprises by keeping rates unchanged
The Reserve Bank of India (RBI) kept its key lending rate on hold in a shock decision on Thursday, despite a…
As Mario Draghi waves farewell, ECB holds rates at historic lows
The European Central Bank (ECB) on Thursday kept rates unchanged during President Mario Draghi’s last monetary…
Egypt’s central bank cuts interest rates 1%, third time in 2019
Egypt's central bank has decided on Thursday to cut interest rates by 1 percent, reducing the credit and discount…
European banks may be at risk of failure if negative rates keep on – EIU
Large banking institutions in Europe may face the risk of failure if interest rates continue to stay negative, an…
Fed to cut rates, first time since 2008
The U.S. Federal Reserve is about to take the unusual step of cutting interest rates for the first time since 2008.
