This photo taken on March 6, 2024 shows the Central Bank of Egypt (CBE) building in Cairo, Egypt. The CBE raised its interest rates by 600 basis points (bps) on Wednesday and said it would allow the exchange rate to be determined by the market in a bid to ensure a smooth transition ...
Inflation dropped to 25.7% in July, the first time the real interest rate has been positive since January 2022. Inflation had fallen from a record 38% in September to 27.5% in June. The monetary policy committee said it was targeting inflation of below 9% by the end of 2024....
CAIRO – 22 June 2023: The Monetary Policy Committee (MPC) decided in its meeting on Thursday to keep the Central Bank of Egypt’s (CBE) 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, respect...
CAIRO - 2 February 2022: The Monetary Policy Committee (MPC) decided, Thursday, to keep the Central Bank of Egypt’s (CBE) interest rates unchanged during its first meeting in 2023. The overnight deposit rate, overnight lending rate, and the rate of the main operation were kept on hold...
The policy interest rate is an interest rate that a country’s monetary authority (i.e. the central bank) sets in order to influence the evolution of the main monetary variables in the economy (e.g. consumer prices, exchange rates or credit expansion, among others). The policy interest rat...
This paper presents an analysis of the joint behavior of the post1975 cyclical fluctuations of the current account and the real interest rate dierential for a large number of developing economies. In constrast to industrialized economies, we find that the volatility of the current account and of ...
Botswana | Bank Rate Aug 22, 2024 Central Bank 5.75% -0.25 Dominican Republic | Policy Rate 29 Dec 2024 Central Bank 27.25 % +6.00 Egypt | ON Deposit Rate Mar 06,2024 Central Bank 0.25 % - 0.25 Fiji | ON Policy Rate Mar 18, 2020 ...
Using the case of four leading African economies, namely Algeria, Egypt, Nigeria and South Africa, this paper explores the possibility of asymmetric relationship between exchange rate and interest rate differential. In addition, it also tests whether accounting for structural breaks matters for the nex...
Despite nearly a century of water regulation projects on the Nile Basin, today Egypt faces a genuine crisis with respect to water supply. The crisis has been brought on by a combination of drought and greatly increased usage by all ripar... SE Smith,HM Ai-Rawahy - 《Water International》 ...
Central Bank of Egyptwillraise interest ratesfurther in 2012, which might have a detrimental effect on economic growth. daccess-ods.un.org daccess-ods.un.org 在埃及镑压力下降情况下,预期埃及中央银行在 2012 年将进一步提升利率,这对经济增长可能有不利影响。