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الاقتصادية
Source: الاقتصادية
9 Hrsالاقتصادية
Source: الاقتصادية
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The Central Bank of Egypt raised interest rates by 100 basis points, despite market expectations that they would remain unchanged amid falling inflation and rising real interest rates. It cited increasing risks and uncertainty, as well as higher inflation expectations. The bank said tighter monetary policy was necessary to maintain inflation’s downward trajectory and achieve an average target of 7%, plus or minus 2 percentage points, in the fourth quarter of 2027.
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