News

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...
Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the overnight deposit ...
CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...
Annual inflation in Egypt went from 6.5% in December 2021, to 21.9% in December 2022. ... though it wasn’t clear how that would happen amid the current trends.
CAIRO (AP) — Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country’s statistics bureau said Tuesday. The ...
Egypt continues to battle surging inflation amid a dramatic slide of its currency as many Egyptians struggle with price hikes, the country’s statistics bureau has said.. The state-run Central ...
The falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.
Egypt's Inflation Seen Declining for Fourth Month in June, Reuters Poll Shows. By Reuters | July 8, 2024. ... potentially disrupting the anticipated downward trend," said Mona Bedeir of Al Baraka ...
Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025, down from 24.0% in January, marking its lowest level in nearly three years. This sharp decline was largely driven ...