Raymond Nabil: Likely stable rates, rising may pressure stocks and real estate
Money market expert Raymond Nabil clarified that the chances of the Central Bank of Egypt maintaining interest rates during the upcoming meeting next Thursday are approximately 90%. He pointed out that this comes amid the current inflation rate of around 14.5% and existing interest rate levels, which support the bank’s approach to keeping the interest rate unchanged for now.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)