11:54 p.m Sunday 09 October 2022 I wrote – Manal Al-Masry: Today, Sunday, Banque Misr raised the interest rate on dollar certificates with terms of 3 and 5 years for the first time in about 6 years from the decision to liberalize the exchange rate in November 2016, according to what was published on its … Read more
Wall Street’s main indexes opened lower on Monday, as investors worried that aggressive steps by the Federal Reserve to curb inflation could push the country’s economy into recession. The Dow Jones Industrial Average fell 53.57 points, or 0.18%, to 2,9536.84 points. The Standard & Poor’s 500 Index fell 10.51 points, or 0.28%, to 3,682.72 points. … Read more
Mahmoud Mohamed and agencies September 9, 2022 13:45 PM Cryptocurrencies continued their upward performance on Friday, amid the decline in the value of the dollar, and Bitcoin is looking to record its best day in six weeks. The rise of digital currencies came despite continuing concerns about raising interest rates at the same strong pace … Read more
The US Federal Reserve announced at the end of last week that it raised the interest rate by 0.75 points, to reach 2.25%, in an attempt to reduce the inflation rate and face the high prices in America, which is the largest economy in the world. An increase in the interest rate leads to an … Read more
[팍스넷뉴스 백승룡 기자] As interest rates have risen steadily since the beginning of the year and the stock market has been sluggish for a long time, funds that have not been able to find an investment destination are rapidly being absorbed into the bond market. Korea Investment & Securities announced on the 21st that the … Read more
After US inflation peaked in 41 years, pressure on the US Federal Reserve (Fed) to tighten monetary policy. By continuing to raise interest rates at full speed It aims for the policy interest rate at the end of this year to be 3.4% from the current 1.50-1.75%. However, raising interest rates to curb inflation will … Read more
09:28 PM Wednesday 15 June 2022 I wrote – Shaima Hefzy: Analysts, to whom Masrawy spoke, ruled out that dollar prices in Egypt would be affected after the US Federal Reserve’s decision to raise interest rates today, Wednesday. The US Federal Reserve decided to raise interest rates by 0.75%, the highest rate increase in more … Read more
06:30 PM Monday 30 May 2022 I wrote – Manal Al-Masry: Al-Ahly and Egypt banks will start selling a 14% certificate with a term of 3 years for a fixed return from today via the Internet and mobile banking, and from tomorrow through the branches, after the decision to stop the 18% annual high-return certificate. … Read more