The central bank raised its key interest rates by 200 basis points in July, seeking to ease the inflationary pressure, but has kept them since.
11.10.2017 Business Recorder
Egypt has raised interest rates by 700 basis points since the float.
10.10.2017 Business Recorder
The reserve ratio, used to control money supply, will increase to 14 percent from 10 percent from Oct. 10.
05.10.2017 The Daily Star
The foreign exchange reserves increased by more than $21bn over the past 14 months, where it stood at about $15.5bn in July 2016.
04.10.2017 MENA FN
The new ratio is effective starting on 10 October, the bank said in a statement.
04.10.2017 Ahram Online
Egypt may delay a planned sale of 1.5 billion in euro-denominated bonds to early 2018.
04.10.2017 Bloomberg Business
The pound has gradually strengthened in recent weeks to about 17.71 to the dollar, up from about 17.75 last month.
01.10.2017 Reuters
Minster of Finance Amr El-Garhy meets with investors to discuss further opportunities.
27.09.2017 Daily News Egypt
The first review of Egypt’s economic reform program from IMF is out and it carries good news.
27.09.2017 The International Monetary Fund
According to EIB, a total 890 million euros were slated for Egypt in 2016 under the EIB’s commitment to Mediterranean partner countries.
24.09.2017 Ahram Online
