Moreover, CBE decided to extend the inflation target ... “These developments, along with exchange rate depreciation, drove inflation above the target range, with annual headline inflation ...

The CBE expects inflation to decrease significantly ... vegetable and fruit prices due to seasonality. Regarding the exchange rate, the Egyptian pound has depreciated by 2.5% since the start ...

The average monthly inflation rate slid to 0.9 percent by the end of last year from 1.3 percent in the corresponding period of 2023, according to the latest CBE report released on Thursday ...

Holding a tenor of three years until 7 January 2028, the second auction stood at EGP 10 billion. Meanwhile, the CBE auctioned floating-rate T-bonds worth EGP 3 billion, which holds a tenor of three ...

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 ...

Abe Sano, head of the Commercial Bank of Ethiopia (CBE) said on Tuesday about $10m has been recovered. Thousands of customers returned the cash voluntarily. Mr Sano warned those who had not will ...