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" monetary policy"

155 results

Business - Economy
7/22/2024 5:08:00 PM
Egypt is anticipated to maintain its monetary and fiscal policy tightening and keep the debt on a downturn path till December when the International Monetary Fund (IMF) is scheduled to conduct the fourth review of Egypt’s $8 billion loan programme, experts told Ahram Online (AO).

Business - Economy
7/18/2024 7:46:41 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) opted to maintain the overnight deposit rate, overnight lending rate, and the rate of the main operation. The discount rate was also held steady at 27.25 percent, 28.25 percent, 27.75 percent, and 27.75 percent, respectively.

Business - Economy
6/29/2024 7:02:02 PM
Anna Bjerde, the World Bank’s Managing Director for Operations, stressed to Ahram Online (AO) that the recent measures taken by Egypt, particularly in monetary policy and the liberalization of the exchange rate, were necessary to restore balance and stability to the economy

Business - Economy
5/24/2024 1:11:00 PM
The Central Bank of Egypt (CBE) decided to keep the current key interest rates unchanged in its Monetary Policy Committee (MPC) meeting, the last in FY2023/2024, held on Thursday.

Business - Economy
5/23/2024 12:10:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) will convene Thursday to decide on key interest rates for the last time in FY2023/2024, amid expectations that it will maintain the current interest rates as inflation rates have started to take a downward path over the past two months.

Business - Economy
5/7/2024 5:25:15 PM
Revenues from Egypt’s tourism sector and Suez Canal in the current FY2023/2024, which ends on 30 June, and the upcoming FY2024/2025 could shrink by up to $13.7 billion the United Nations Development Program (UNDP) said in a new study.

Business - Economy
4/27/2024 3:06:15 PM
The International Monetary Fund (IMF) issued on Friday the technical reports concerning the completion of the first and the second reviews of the fund’s Extended Fund Facility loan programme that has been recently expanded from $3 billion to $8 billion.

Business - Economy
4/11/2024 3:58:36 PM
The European Central Bank held interest rates steady again Thursday but said slowing inflation could open the door to easing monetary policy, raising hopes of a first cut in June.

Business - Economy
3/20/2024 10:15:36 PM
The Central Bank of Egypt (CBE) decided to cancel the scheduled meeting of the Monetary Policy Committee on Thursday in light of the sufficiency of the special meeting of the Committee on Wednesday, 6 March 2024.

Al-Ahram Weekly - Economy
2/1/2024 10:34:00 AM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is to hold its first meeting for 2024 on Thursday to review key interest rates amid unprecedented economic challenges. The CBE’s next move on interest rates is unpredictable.

Business - Economy
1/8/2024 2:52:30 PM
The Central Bank of Egypt (CBE) is set to launch the electronic pound by 2030 to increase the efficiency of monetary policy, read a government document released in January.

Business - Economy
12/21/2023 6:49:54 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) maintained the current key interest rates unchanged in its final meeting for 2023 held on Thursday.

Business - Economy
12/20/2023 7:00:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday in its final meeting for 2023 amid mixed expectations of either raising or maintaining the current key interest rates.

Al-Ahram Weekly - Opinion
12/12/2023 11:43:37 PM
Getting a grip on the exchange rate goes beyond the realm of conventional monetary policy, writes Gamal Wagdy

Business - Economy
11/28/2023 5:31:33 PM
Egyptian President Abdel-Fattah El-Sisi recently decreed the formation of a new board of directors for the Central Bank of Egypt (CBE) under Hassan Abdalla, who has served as acting governor of the bank since August 2023.

Business - Economy
11/27/2023 12:45:52 PM
President Abdel-Fattah El-Sisi has issued a presidential decree, announced on Sunday, to establish a new board of directors of the Central Bank of Egypt (CBE).

Business - Economy
11/2/2023 7:29:06 PM
Aligned with expectations, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided at its meeting on Thursday to maintain the key interest rates at their current levels.

Business - Economy
11/1/2023 5:09:44 PM
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates amid the latest economic developments on the local and global fronts.

Business - Economy
9/21/2023 9:20:18 PM
The Central Bank of Egypt (CBE) decided to maintain interest rates at current levels during its meeting on Thursday.

Al-Ahram Weekly - Opinion
9/5/2023 9:10:00 AM
The Central Bank of Egypt should focus on maintaining a stable exchange rate and an independent monetary policy when managing the fortunes of the Egyptian pound.

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