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 ...

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 ...

HC Securities and Investment forecasts that the Central Bank of Egypt (CBE) would keep interest rates unchanged at its 2023’s first monetary policy committee (MPC) meeting scheduled for Thursday, ...

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 ...