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Egypt’s Central Bank said it raised interest rates on Thursday as the embattled Middle Eastern country continues to battle surging inflation and a depreciating currency. In an online statement ...
CAIRO, April 10 (Reuters) - Egypt's annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from the country's ...
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Egypt's annual headline inflation rate drops to 23.4% in DecemberEgypt's annual headline inflation rate decreased to 23.4 per cent in December, down from 25 per cent in November, with the expectation that the worst impact of recent price hikes for fuel ...
“We expect that inflation will peak at around 17% y/y in Q4.” READ MORE Egypt’s import restrictions are a double-edged sword Growing rates of food and fuel due to the current war in Ukraine has ...
CAPMAS further noted that the monthly inflation rate for the entire country rose by 1.6% in January, up from 0% in December. Amid these inflationary trends, the Central Bank of Egypt (CBE ...
FILE - Egyptians walk past a poster depicting a U.S. dollar outside an exchange office in Cairo, Egypt, Thursday, Feb. 9, 2023. Egypt’s annual inflation rate set a record high in June, as the ...
CAIRO (AP) — The Central Bank of Egypt raised interest rates Thursday as the country continues to battle double-digit inflation amid a sharp currency devaluation. In a statement, the bank's ...
Egypt is poised to hold interest rates at an all-time high, seeking to keep a lid on inflation that’s slowing from a record despite a steep currency devaluation but may face pressure from ...
Egypt's headline inflation rate increased to 32.7% in March Open in App ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. CAIRO (AP) — Egypt’s annual ...
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