Strong expectations for fifth consecutive EGP interest rate hold
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is expected to hold its penultimate meeting of the year on Thursday to decide on key interest rates, which are critical indicators of the Egyptian pound’s short-term trends.
Annual urban inflation rises to 26.4% in September
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the annual urban inflation rose to 26.4% in September 2024, compared to 26.2% in August. In a statement released on Wednesday, CAPMAS reported that the monthly urban inflation remained