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RSS FeedsEgypt interrupts rate cuts as inflation pauses
(World News Egypt)

 
 

17 january 2020 21:23:54

 
Egypt interrupts rate cuts as inflation pauses
(World News Egypt)
 


Cairo: Egypt unexpectedly refrained from another cut in interest rates on Thursday after inflation ticked up in December and as unrest jolted other parts of the Middle East, from Iran to Libya. After three rounds of easing since August, the Monetary Policy Committee left the deposit rate at 12.25 per cent and the lending rate at 13.25 per cent, according to a statement on Thursday. All but three...


 
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