Governor, Central Bank of Egypt
Appears in 1 story
Led the rate-setting committee that approved the hike
Egypt's central bank raised its benchmark rates by a full percentage point Thursday, lifting the overnight deposit rate to 20% and the lending rate to 21%. It was the first hike since March 2024, and it caught markets off guard: all 13 analysts polled by Reuters had expected no change.
Updated 1 hour ago
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
