Egyptian central bank raises rate.
M2 EQUITYBITES-May 20, 2022--Egyptian central bank raises rate
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Global Banking News - 20 May 2022
Egypt's central bank has increased its interest rate.
The apex bank has increased its key rate by 2 percent as the government is countering repercussions of the Russian-Ukrainian war.
The central bank's Monetary Policy Committee (MPC) raised the overnight deposit rate, overnight lending rate, and the rate of the main operation to 11.25...
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