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On the other hand expect chief Egypt Bank Muhammad Al-Etrebi in an exclusive interview with "Sky News Arabia Economy" That the Central Bank of Egypt raise interest rates tomorrow, indicating that the Bank of Egypt will not issue New Testimonials With a return of more than 18 percent, even if the central bank decides to raise interest rates.
Predict your poll "Archyde.com" For the Central Bank of Egypt to raise the price of Benefit An overnight deposit of 175 basis points tomorrow, Thursday, after the US Federal Reserve raised interest rates and higher commodity import prices due to the Ukraine crisis.
Average expectations in a poll of 18 analysts indicated that the Central Bank of Egypt would raise interest rates on deposits to 11 percent at the regular meeting of the Monetary Policy Committee. They expected the lending rate to be raised by an average of 200 basis points to 12.25 percent.
The bank raised interest rates by 100 basis points in a surprise meeting on March 21, which it attributed to global inflationary pressures exacerbated by the war in Ukraine, after keeping them unchanged for nearly 18 months. On the same day, the pound fell against the dollar by 14 percent.
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On the other hand expect chief Egypt Bank Mohamed El-Etreby, in an exclusive interview with “Sky News Arabia,” that the Central Bank of Egypt will raise interest rates tomorrow, indicating that the Bank of Egypt will not issue New Testimonials With a return of more than 18 percent, even if the central bank decides to raise interest rates.
A Archyde.com poll expected that the Central Bank of Egypt would raise the rate Benefit An overnight deposit of 175 basis points tomorrow, Thursday, after the US Federal Reserve raised interest rates and higher commodity import prices due to the Ukraine crisis.
Average expectations in a poll of 18 analysts indicated that the Central Bank of Egypt would raise interest rates on deposits to 11 percent at the regular meeting of the Monetary Policy Committee. They expected the lending rate to be raised by an average of 200 basis points to 12.25 percent.
The bank raised interest rates by 100 basis points in a surprise meeting on March 21, which it attributed to global inflationary pressures exacerbated by the war in Ukraine, after keeping them unchanged for nearly 18 months. On the same day, the pound fell against the dollar by 14 percent.