16:21 Thursday 25th August 2022 – I wrote – Manal Al-Masry: Banking resources in the banks explained to Masrawy that Hassan Abdullah, the interim governor of the Central Bank, has instructed banking institutions to quickly regulate foreign currencies to finance the completion of the import operations of some merchandise stored in the port, which are … Read more
16:10 Monday 22nd August 2022 – I wrote – Manal Al-Masry: 3 bankers who spoke to Masrawy believe that applying a program that consists of a managed exchange level for the pound is the most proper state of affairs for Egypt in the recent interval, to protect against the price tag of the dollar towards … Read more
13:25 Sunday 21 August 2022 – I wrote – Manal Al-Masry: Lender resources instructed Masrawy that the Central Lender of Egypt is at the moment finding out the compromise concerning two choices from the Saudi Public Investment Fund and the sovereign wealth fund “ADQ Keeping Company” owned by the UAE government in Abu Dhabi to … Read more
Cairo, Egypt (CNN) – A handful of several hours soon after Hassan Abdullah was appointed interim governor of the Egyptian Central Financial institution, the Bank’s Monetary Policy Committee determined on Thursday to resolve the interest charge, anticipating inflation fees to increase. relative to the bank’s goal inflation level of 7% (± 2 proportion factors) on … Read more
17:31 Thursday 18th August 2022 – I wrote – Manal Al-Masry: The Financial Plan Committee of the Egyptian Central Bank made a decision at its assembly currently, Thursday, to maintain curiosity prices on deposits and loans unchanged for the next consecutive time. This comes at the first assembly of the committee following Hassan Abdullah, the … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" The lecturer in economics at the American University of CairoHani Genena, behind the scenes of a decision Central bankindicating that there is a so-called interest rate set by the Central Bank on mutual lending and lending of banks in the so-called interbank process, and the interest rate on such operations … Read more
<div id="firstBodyDiv" data-bind-html-content-type="article" data-bind-html-compile="article.body" data-first-article-body=" To accelerate inflation Annual CPI in cities in Egypt At a higher than expected rate of 13.6% yoy in July from 13.2% in June and on a monthly basis, core inflation increased by 1.3%, compared to a decline of 0.1% in June. Year-on-year core inflation jumped to 15.6% from 14.6% … Read more