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April 13, 2023
CAIRO (Reuters) - Egypt and the International Monetary Fund have yet to agree on a date for the initial review under a $3 billion financial package signed in December, an IMF official said on Thursday. | 11:19am
April 10, 2023
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 statistics agency CAPMAS showed on Monday.
April 9, 2023
CAIRO, April 9 (Reuters) - Sales of 273- and 91-day Egyptian treasury bills at an auction on Sunday climbed from last week's low after the finance ministry paid record high yields to partly reflect a 200-basis-point hike in central bank ove... | Apr. 09
April 6, 2023
Egypt's headline inflation rate is set to hit an all-time high in March, a Reuters poll showed on Thursday, following a continued shortage of foreign currency after more than a year of devaluations of the Egyptian pound.
April 6, 2023
CAIRO (Reuters) - Egypt's headline inflation rate is set to hit an all-time high in March, a Reuters poll showed on Thursday, following a continued shortage of foreign currency after more than a year of devaluations of the Egyptian pound. | 11:09am
April 4, 2023
CAIRO (Reuters) - Egypt's non-oil private sector activity shrank for the 28th straight month in March as import and currency restrictions and rising inflation continued to hurt business, a survey showed on Tuesday. | 12:29am
April 4, 2023
Egypt's non-oil private sector activity shrank for the 28th straight month in March as import and currency restrictions and rising inflation continued to hurt business, a survey showed on Tuesday.
April 4, 2023
CAIRO, April 4 (Reuters) - Sales of three-year treasury bonds issued on Tuesday plummeted to 1.09 million Egyptian pounds ($35,332) after the government baulked at the high yields demanded by investors concerned the currency is likely to de... | Apr. 04
March 30, 2023
March 30 (Reuters) - The Central Bank of Egypt (CBE) raised its overnight interest rates by 200 basis points (bps) on Thursday following a meeting of its Monetary Policy Committee (MPC), saying it aimed to bring high inflatio... | 01:11pm
March 30, 2023
The Central Bank of Egypt (CBE) raised its overnight interest rates by 200 basis points (bps) on Thursday following a meeting of its Monetary Policy Committee (MPC), saying it aimed to bring high inflation into check.