The Central Bank of Egypt has announced a 200-basis-point (2%) reduction in its key interest rates, bringing the overnight deposit rate to 22% and the lending rate to […]
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Egyptian Central Bank’s Inflation Drop and Growth Improve Outlook for Rate Cuts
Economist and financial advisor Dr. Mohamed Abdel Wahab anticipates that Egypt’s Central Bank Monetary Policy Committee will reduce interest rates by 150 to 200 basis points (1.5% to […]
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Egypt’s Central Bank Cuts Interest Rates by 2% for Third Time in 2025
On Thursday, Egypt’s Central Bank Monetary Policy Committee decided to reduce interest rates by 2 percentage points, bringing the overnight deposit rate down to 22% and the lending […]
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Economic Expert: Rate Cut Eases Domestic Debt Burden and Improves Public Finances
Dr. Waleed Gaballah, an economic expert, stated that the Central Bank of Egypt’s recent interest rate decision carries significant implications across multiple levels, affecting both individuals and the […]
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Egypt’s Central Bank Cuts Interest Rates by 2% Amid Inflation Relief
The Central Bank of Egypt announced a 2% reduction in deposit and lending interest rates during its fifth monetary policy meeting of the year, marking the third rate […]
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Ecuadorian Economic Oversight Body Launches Audit into CREA Cooperative Collapse Affecting Over 75,000 Families
Ecuador’s Commission on Economic and Tax Regime has launched a formal oversight process into the collapse of CREA Savings and Credit Cooperative, which left 75,211 members facing financial […]
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Economic Expert Predicts Interest Rate Decision Ahead of Central Bank Meeting
An economic expert has forecasted the upcoming interest rate decision ahead of the central bank’s scheduled meeting next Thursday. The discussion centers on whether the bank will opt […]
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Ahmed El-Butran Wins Executive Seat in Economic Journalists Syndicate Division Elections
The electoral committee overseeing the Economic Journalists Division elections has announced the victory of colleague Ahmed El-Butran, head of the banking department at Al-Mal newspaper, securing a seat […]
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Trump Dismisses Federal Reserve Governor Lisa Cook
Former President Donald Trump has removed Lisa Cook from her position as a governor of the US Federal Reserve. The decision reflects a shift in leadership at the […]
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Bank of Indonesia Notes Gradual Decline in Lending Rates
Bank Indonesia has pointed out that the reduction in credit interest rates across the banking sector has been progressing slowly. Officials emphasized the need for financial institutions to […]