Current interest rates depend on expected inflation rates, not prevailing ones: CBE ...Egypt

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided, in its meeting Thursday, to maintain its basic interest rates at 11.25% for deposit, 12.25% for lending, and 11.75% for the credit and discount rate and the price of the main operation of CBE. In its resolution (...)

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Current interest rates depend on expected inflation rates, not prevailing ones: CBE ...Egypt

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