Business - Economy

Fitch Solutions expects CBE to keep interest rates on hold till end of 2024

BMI, a Fitch Solutions company, expected the Central Bank of Egypt (CBE) to keep its monetary tightening policy on hold, which means keeping the current key interest rates unchanged till the end of 2024 in response to the downturn path of the country’s inflation.

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Fitch Solutions expects CBE to keep interest rates on hold till end of 2024