The Central Bank of Egypt (CBE) announced on Thursday, August 28, a significant reduction of its key rates, lowering its rates by 200 basis points. This reduction is part of an ongoing monetary easing cycle aimed at supporting the economy as inflation slows down and growth strengthens. With this decision, the deposit rate has been…...
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Reduction of key rates in Egypt: A strong signal for economic growth
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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