Egypt’s Commercial International Bank (CIB) has just increased the interest rate on the triple option certificate of deposits to 22% for the monthly interest disbursement period. CIB provides certificates with …
Interest Rate
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The Central Bank of Egypt’s Monetary Policy Committee (MPC) is scheduled to hold its seventh regular meeting of the year on Thursday. The purpose of the meeting is to determine …
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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 …
