Egypt’s central bank

Imagine being Hassan Abdalla, the governor of the Central Bank of Egypt (CBE). You are not overseeing the monetary affairs of a tranquil petrostate cushioned by limitless reserves and insulated …

Yesterday, March 30, Egypt’s central bank’s Monetary Policy Committee (MPC) raised the interest rates by 2% in response to the skyrocketing inflation. Moreover, the MPC raised the overnight deposit rate …