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" Interest rate"

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World - Region
1/20/2022 2:47:50 PM
Turkey's central bank kept a key interest rate unchanged on Thursday, halting a string of rate cuts that triggered a currency crisis and sent consumer prices skyrocketing.

Business - Economy
1/10/2022 5:16:11 PM
Egypt’s monthly headline inflation continued its downturn trend in December 2021, declining by 0.2 percent to reach 5.4 percent, down from 5.6 percent in November and 6.3 percent in October, the Central Agency for Public Mobilisation and Statistics (CAPMAS) stated on Monday.

Al-Ahram Weekly - Economy
12/29/2021 1:43:00 PM
Egypt’s economy has done well during another year of Covid-19, but with rising global inflation and the new Omicron variant of the virus, the challenges are not yet over.

Business - Economy
12/20/2021 8:41:36 PM
Turkey's troubled lira nosedived Monday after President Recep Tayyip Erdogan cited Islamic teachings to justify not raising interest rates to cushion the currency against historic falls.

Business - Economy
12/16/2021 9:52:48 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) on Thursday kept the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 percent and 8.75 percent, respectively.

Business - Economy
12/16/2021 4:37:05 PM
The Turkish lira on Thursday hit fresh lows after the central bank fired the latest salvo in President Recep Tayyip Erdogan's "economic war of independence" by cutting interest rates for the fourth successive month.

Business - Economy
12/15/2021 1:15:47 PM
Foreign investments in Egypt’s local-currency debt instruments market have rebounded after experiencing a drop amid the pandemic, helping the country to finance its larger current account deficit resulting from continued strong domestic demand and a decline in tourism revenue, which has also begun to recover, Fitch Ratings said in a new report.

World - Region
12/13/2021 1:58:20 PM
The Turkish currency dipped to an all-time low Monday amid another anticipated interest rate cut later this week and after the S&P credit rating agency downgraded its outlook for Turkey.

Al-Ahram Weekly - Economy
12/7/2021 11:05:55 PM
The Central Bank of Egypt will likely keep interest rates unchanged at its final meeting this year, experts tell Doaa A. Moneim

Business - Economy
11/23/2021 6:32:58 PM
The Turkish lira plunged to record lows Tuesday after President Recep Tayyip Erdogan stuck to his support for interest rate cuts, warning his country was in a "war of economic independence".

World - Region
11/18/2021 1:59:02 PM
The Turkish lira sank further on Thursday as the central bank slashed interest rates for the third consecutive month following pressure to do so from President Recep Tayyip Erdogan.

Business - Economy
10/28/2021 10:18:13 PM

Business - Economy
10/27/2021 9:22:16 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene on Thursday to review the key interest rates in light of the recent local and global macroeconomic updates, particularly recent rises in inflation.

World - Region
10/21/2021 9:48:39 PM
The Turkish lira plunged to a record low against the U.S. dollar Thursday after a harsher-than-expected cut in interest rates.

Al-Ahram Weekly - Economy
10/13/2021 10:27:00 AM

Business - Economy
9/16/2021 8:29:22 PM

Business - Economy
9/15/2021 3:24:22 PM
The MPC makes its decision according to the performance of the macroeconomic indices in the domestic market and globally, particularly the inflation readings

World - Region
9/8/2021 10:10:53 PM
The central bank has been vowing for months to keep real interest rates positive so that Turks are not incentivised to spend money instead of placing them in their accounts

Business - Economy
8/15/2021 1:50:00 PM
Fitch also predicted that Egypt’s interest rate will average at 9.25 percent and the US dollar will be traded at EGP 16.20

Business - Economy
8/5/2021 8:10:15 PM
The MPC based its decision on the readings of June’s inflation, as annual headline urban inflation marginally increased to 4.9 percent in June 2021 from 4.8 percent in May 2021

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