interest rates

World feels sting of US Federal Reserve
Economy

World feels sting of US Federal Reserve

JAKARTA/BUENOS AIRES/WASHINGTON (Reuters) – When the US Federal Reserve kept lifting interest rates this year, a world away in Jakarta…
Global economy in 2019: Growth beginning to fray
Economy

Global economy in 2019: Growth beginning to fray

American farmers have been forced to warehouse a bumper crop of soybeans, or sell at a loss, while a Midwest…
Egypt’s headline inflation surges to 17.7% in October
Business

Egypt’s headline inflation surges to 17.7% in October

  Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official…
Egypt’s net foreign reserves rise to $42.611 bn in March
Economy

Egypt’s net foreign reserves rise to $42.611 bn in March

Egypt’s net foreign reserves rose slightly to US$42.611 billion at the end of March, from $42.524 billion at the end…
Average yields on Egypt’s 3- and 7-year T-bonds rise at auction
Economy

Average yields on Egypt’s 3- and 7-year T-bonds rise at auction

Average yields on Egypt’s three-year and seven-year treasury bonds rose at an auction on Monday, central bank data showed. The…
Egypt’s central bank keeps interest rates unchanged
Economy

Egypt’s central bank keeps interest rates unchanged

Egypt’s central bank kept its key interest rates unchanged on Thursday as inflation remained in double digits a year after…
Egypt’s central bank holds interest rates as expected
Economy

Egypt’s central bank holds interest rates as expected

Egypt’s central bank kept interest rates unchanged as expected on Thursday, concluding that further declines in inflation were needed to…
Egypt on track for year-end IMF payment, but 32 percent inflation a worry
Business

Egypt on track for year-end IMF payment, but 32 percent inflation a worry

Egypt has made a “good start” to its reform programme despite seeking waivers for missing targets in June and a…
Egypt’s central bank seen holding interest rates after unexpected hikes
Economy

Egypt’s central bank seen holding interest rates after unexpected hikes

Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…
“NBE” and “Bank Misr”: New certificates at high interest rates just rumors
Egypt

“NBE” and “Bank Misr”: New certificates at high interest rates just rumors

Yahiya Abu Al Fottoh, Deputy Head of National Bank of Egypt (NBE), denied the issuance of certificates at high annual…
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