Egypt central bank

Egypt’s central bank cuts rates by 100 points as inflation eases

Egypt’s central bank cut overnight interest rates by 100 basis points, citing easing inflation and steady growth while flagging risks from non-food prices and fiscal measures.

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Egypt’s net foreign assets surge in January after bond sale

Business / Ashton

On January 29, Egypt issued $2 billion in international bonds—the country’s first such sale in four years—helping to bolster its foreign reserves

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