Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

The temporary decision is a part of exceptional measures due to the effects of the Ramses Central fire, which affected the ...

Limited access to formal financial services has historically constrained inclusive growth and private sector development in Egypt. But a concerted drive from the government and the banking sector have ...

Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...

Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...

CAIRO, March 6 (Reuters) - Egypt central bank governor said on Wednesday that the bank is leaving the exchange rate to be determined by the market mechanisms but has the ability to intervene based ...

Egypt’s central bank sold $1.5 billion to banks in an exceptional auction to help cover importers’ foreign currency refinancing needs, just days after it devalued the local currency.

Egypt’s central bank Governor Tarek Amer said rules to curb what he described as unnecessary imports may save about $20 billion this year, helping to ease a foreign-exchange squeeze threatening ...