Central Bank of Egypt
Egypt continues easing cycle with 100bp cuts
Slowing inflation and strong currency provide room for lowering rates as country expects IMF review
Egypt eases policy by 100bp
Central bank cuts benchmark rate to 24% and expects to meet inflation target in Q4 2026
Egypt’s central bank expects inflation to halve from 2024 levels
Projection comes ahead of this week’s rate decision
Egypt holds rates at 27.25%
Central bank projects gradual decline in inflation, but points to upside risks from US tariffs
Banknotes: October to December 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Egypt holds interest rates
Central bank expects inflation to fall as economy slows
Inflation rises in Egypt
Official figures published after central bank held rates in response to previous decline in inflation
Egypt holds interest rates
Central bank expects inflation to start falling early next year
Egypt holds rates as inflation recedes
Central bank only forecasts significant decline in inflation next year
Banknotes: April to June 2024
A round-up of news and salient issues that have affected central bankers in the past three months
Egypt holds policy rates
Central bank says improved external financing after IMF loan will help price stability
Egyptian MPC raises rates and devalues currency
Moves after UAE's $35 billion investment make IMF deal more likely
People: Egyptian president extends acting governor’s term
BCIE elects first woman president; Esquivel joins Sheinbaum team; and more
Egypt restricts foreign currency credit card payments
The move comes after the central bank restricted debit card use abroad
Central banks of UAE and Egypt agree currency swap
Latest currency support move by UAE comes amid mounting pressure on Egyptian pound
South Africa and Egypt both hold policy rates
Sarb governor says job of fighting inflation “is not yet done”
Egyptian president gives acting governor one more year
Abdallah has continued programme of tighter monetary policy and devaluation
Rates round-up: Ukraine cuts rate for first time since invasion
Thailand, Egypt and North Macedonia tighten policy; Georgia joins Ukraine in easing
Egypt announces ‘record’ inflation
Inflation continues rising despite monetary tightening and could trigger IMF consultation
Currency round-up: New yen banknotes to arrive in July 2024
De La Rue outlook brightens; Egypt continues transition to polymer; and more
Egyptian currency plunges amid move to flexible exchange rate
“Heavily managed” exchange rate “has not served Egypt well”, says IMF mission chief