DailyNewsEgypt
The banking sector and wider financial markets are bracing for the impact of the Central Bank of Egypt’s (CBE) surprise decision last Thursday to cut key policy rates by 200 basis points, with attention now focused on how the move will affect savings returns, lending costs…
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Market awaits repercussions of 2% rate cut on savings, loans, and debt instruments
The banking sector and wider financial markets are bracing for the impact of the Central Bank of Egypt’s (CBE) surprise decision last Thursday to cut key policy rates by 200 basis points, with attention now focused on how the move will affect savings returns, lending costs…