Egypt and global economy brief
CBE to decide on EGP interest rates Thursday amid expectations of fifth consecutive hold
✦Key takeaways
- The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold its sixth scheduled meeting of the year on Thursday to decide on its key policy rates, a major indicator of the near-term direction of interest rates on the Egyptian pound, amid strong expectations that rates will remain unchanged for a fifth consecutive meeting.
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