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" Monetary Policy"

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Business - Economy
6/22/2023 5:19:18 PM
Turkey on Thursday pivoted away from years of unconventional economics promoted by President Recep Tayyip Erdogan as the central bank nearly doubled its key interest rate to fight inflation and steady the troubled lira.

Business - Economy
6/13/2023 10:25:55 AM
China's central bank on Tuesday cut a key policy interest rate, in a surprise move to boost the country's flagging economy.

Business - Economy
6/5/2023 12:05:25 PM
Turkey's annual inflation rate dropped below 40 percent in May for the first time in 16 months, pushed down by a temporary offer of free gas to households, official data showed on Monday.

Business - Economy
5/18/2023 10:06:00 PM
In line with widespread expectations, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 18.25 percent, 19.25 percent, and 18.75 percent, respectively.

Al-Ahram Weekly - Egypt
5/16/2023 11:43:58 PM
Will the Central Bank of Egypt maintain current interest rates after the inflation rate cooled in April, asks Doaa A. Moneim

Business - Economy
4/26/2023 5:08:05 PM
Central banks in the Middle East and Central Asia (MECA) region, including Egypt, may need to adopt tighter monetary policies in order to tackle surging inflation, according to the second chapter of the IMF Regional Economic Outlook May 2023 Report.

Al-Ahram Weekly - Egypt
4/25/2023 7:43:46 PM
Egypt needs to accelerate its privatisation programme and slow down large-scale infrastructure projects to fulfil its pledges to the IMF, reports Doaa A. Moneim from Washington

Business - Economy
4/14/2023 4:43:39 PM
Egypt has taken bold actions in monetary policies in recent years to deal with ongoing economic challenges, and will not hesitate to do more, stressed the Governor of the Central bank of Egypt (CBE) Hassan Abdallah.

Al-Ahram Weekly - Economy
4/5/2023 7:15:00 PM
The Central Bank of Egypt raised interest rates at a meeting of its Monetary Policy Committee last week but took no action on the pound.

Business - Economy
3/30/2023 8:44:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) raised on Thursday key interest rates for the first time in 2023 by two percent (200 bps) in an attempt to control soaring inflation.

Business - Economy
3/29/2023 1:40:01 PM
The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) is scheduled to convene on Thursday to review the key interest rates for the second time in 2023 amid broad expectations of a surge in interest rates by up to three percent (300 bps).

Business - Economy
2/13/2023 4:47:27 PM
Egypt is keen to continue enhancing its structural fiscal and monetary policy reforms and maximising the role of the private sector in the economy, President Abdel-Fattah El-Sisi told the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva.

Business - Economy
2/2/2023 11:13:00 PM
In its first meeting in 2023, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to maintain unchanged the current interest rates.

Business - Economy
2/1/2023 4:18:47 PM
High interest rates carry multiple risks to the future of investment in Egypt. They negatively affect investment due to high financing prices, which in turn affect the ability of businesses to obtain the local financing necessary to build factories and expand, stated the Egyptian Junior Business Association (EJB) on Wednesday.

Business - Economy
2/1/2023 2:12:56 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday, the first meeting in 2023, to review the key interest rates in light of the recent updates in the country’s macroeconomy.

Business - Economy
1/18/2023 1:50:26 PM
Japan's central bank left its ultra-easy monetary policy unchanged Wednesday, bucking heavy speculation that it could again tweak a key lever, and send the yen plunging.

Business - Economy
12/23/2022 6:18:00 PM
Late Friday, the Executive Board of the International Monetary Fund (IMF) approved a $3 billion 46-month loan deal for Egypt under the Fund’s Extended Fund Facility (EFF) with an immediate disbursement of about $347 million as a first tranche of the loan amount.

Business - Economy
12/22/2022 9:10:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has raised on Thursday the interest rates by three percent (300 bps), thus exceeding expectations.


Business - Economy
12/22/2022 12:53:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its final meeting for 2022 on Thursday to review the key interest rates in light of the latest updates in the local and global economic scene, particularly the accelerating inflation rates.

Business - Economy
12/20/2022 1:45:13 PM
Japan's central bank tweaked its longstanding monetary easing programme on Tuesday, in a surprise move that saw the yen strengthen quickly against the dollar and prompted falls on Tokyo bourses.

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