(MENAFN- Daily News Egypt) The Central bank of Egypt (CBE) has once again opted to keep interest rates unchanged, marking the seventh consecutive time it has done so. The Monetary Policy Committee ...

The CBE reported closing foreign exchange rates of EGP 50.91/$1 for buying and EGP 50.77/$1 for selling. Last Thursday, the pound exchange rate exceeded EGP 50 against the US dollar for the first ...

Although the significant drop in inflation rates in February is a positive sign, it raises questions about its fundamental ...

In March 2024, the CBE raised interest rates by 600 basis points ... These measures include a restrictive monetary policy and unifying the foreign exchange market, which helped anchor inflation ...

The Central Bank of Egypt (CBE) has recently started tightening monetary policy to curb inflation, especially in light of the recent exchange rate depreciation. The CBE allowed the official exchange ...

Prime Minister Mostafa Madbouly met on Monday with Central Bank of Egypt (CBE) Governor Hassan Abdalla and Finance ... foreign currency through policies ensuring a flexible and unified exchange rate.

Prime Minister Moustafa Madbouly met with Central Bank of Egypt (CBE) Governor Hassan Abdalla on Monday to ... The two officials credited the increase to the flexible exchange rate regime, which ...