Regulation, Risk & Compliance
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Egypt’s Monetary Policy Committee increases key policy rates by 1% in extraordinary meeting
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to increase the key policy rates by 100 basis points, bringing the overnight deposit, lending, discount, and main operation rates to 9.25%, 10.25%, 9.75%, and 9.75%, respectively, in an extraordinary meeting on Monday. According to the CBE,…
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Click here to read the full story: Daily News Egypt