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" MPC"
24 results
Business - Economy
6/16/2021 1:19:18 PM
Over four consecutive meetings, the MPC decided to maintain the key interest rates at 8.25 percent, 9.25 percent, and 8.75 percent for the overnight deposit rate, overnight lending rate, and the rate of the main operation
Business - Economy
4/28/2021 5:23:07 PM
The MPC said that its decision is consistent with achieving the inflation target of 7 percent (±2 percentage points) on average in the fourth quarter of 2022 and price stability over the medium term.
Business - Economy
4/27/2021 12:42:00 PM
In the last two meetings, the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation remained unchanged at 8.25 percent, 9.25 percent, and 8.75 percent, respectively
Business - Economy
2/3/2021 2:11:31 PM
In 2020, the CBE slashed key interest rates by a total of 4 percent to stand at at 8.25 percent, 9.25 percent, and 8.75 percent for overnight deposit rate, overnight lending rate, and the rate of the main operation respectively
Business - Economy
12/24/2020 9:15:03 PM
CBE announces it has reset next inflation target to be at 7 percent during the fourth quarter of 2022 down from 9 percent to support macroeconomic stability
Business - Economy
4/1/2020 3:52:43 PM
The anticipated meeting by the MPC comes amid calls by international financial corporations for central banks to adopt easy cycle policy regarding their monetary policy
Business - Economy
2/19/2020 2:08:48 PM
A decrease in interest rates is ruled out by most analysts, though further cuts this year are likely
Business - Economy
1/16/2020 11:41:10 AM
Bankers and financial experts expect the CBE to introduce new cuts to key interest rates by between 0.5 percent (50 bps) and one percent (100 bps) during the MPC's Thursday meeting
Business - Economy
11/13/2019 2:48:35 PM
The CBE slashed interest rates thrice this year with a total of 3.5 percent. A number of economists expect another cut of 0.5 per cent or one per cent on Thursday
Business - Economy
9/22/2016 7:36:12 PM
Business - Economy
6/16/2016 9:13:00 PM
Business - Economy
1/29/2016 1:47:29 PM
Business - Economy
12/27/2015 3:50:45 PM
Business - Economy
12/24/2015 9:29:39 PM
Business - Economy
12/17/2015 4:55:44 PM
Business - Economy
6/9/2015 12:00:44 PM
Business - Economy
11/27/2014 5:24:39 PM
Business - Economy
5/29/2014 7:22:30 PM
MPC keeps overnight deposit rate at 8.25% and overnight lending rate at 9.25 % in attempt to balance growth and inflation pressures
Business - Economy
4/28/2014 6:40:43 PM
Business - Economy
12/8/2013 8:12:06 PM
EGX30 gains 2.4 percent after CBE lowers lending and deposit rates for third consecutive time, Salafist Al-Nour party endorses draft constitution
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