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 ...
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 ...
The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...
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's annual headline inflation rate dropped to 27.1 percent in June, down from 27.4 percent in May, continuing a downward trend for the fourth consecutive month, the country's statistics body ...