The Central Bank of Egypt (CBE) decided on Thursday, November 20, to keep its interest rates unchanged, opting for a cautious stance in the face of the recent acceleration of inflation, as the national economy approaches full capacity. The Monetary Policy Committee thus kept the deposit rate at 21% and the lending rate at 22%…....
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Egypt: Central Bank maintains key rates in the face of rising inflationary pressures
By Félix NZALÉ
Félix NZALÉ
Félix Nzalé is a Senegalese journalist with a deep passion for cultural issues. He led the "CULTURE" section of SUD QUOTIDIEN (SUD Communication Group) for 10 years. Holder of dual Master’s degrees in Sociology and Philosophy, he also holds a management diploma from the Institut Supérieur de Management (ISM) in Dakar. He has contributed to the development of editorial concepts for several newspapers in Dakar.
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