WebOct 12, 2024 · Egypt’s Consumer Inflation Hits 15%, Highest in 4 Years Image Credit: Albayan Egypt’s annual urban consumer inflation has spiked to 15 percent, its highest in four years, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS) on 10 October 2024. WebOct 27, 2024 · 27 Oct 2024. Egypt’s pound slid about 14.5 percent to a record low against the United States dollar after authorities announced a $3bn International Monetary …
Transcript of Press Conference on the IMF Program for …
WebDec 16, 2024 · The IMF Executive Board approved a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt in an amount of about US$3 billion. Egypt’s IMF-supported program presents a … WebJan 10, 2024 · Press Release: On December 16, 2024, the Executive Board of the International Monetary Fund (IMF) approves 46-month US$3 billion Extended Arrangement for Egypt . Key Questions on Egypt, updated December 2024. The last … In the past, a heavily managed exchange rate has not served Egypt well. It has led … bravolu tools
Egypt
WebApr 11, 2024 · Egypt’s annual headline inflation rate surged to 33.9 percent in March 2024, up from 12.1 percent in March 2024, the Central Agency for Public Mobilisation and Statistics (CAPMAS) previously reported. In its last monetary policy meeting, the CBE increased interest rates by two percent (200 bps) in an attempt to control soaring inflation. WebJan 31, 2024 · In October, the Central Bank of Egypt announced a shift to a flexible exchange rate, a cornerstone of the IMF program, causing the pound to further depreciate by 23 percent and bringing the total ... Web18.326% CORE INFLATION RATE 40.262% HEADLINE INFLATION RATE 31.932% MAIN OPERATION 18.75% Exchange Rates Exchange Rates CBE Exchange Rates Currency US Dollar Buy 30.8380 Sell 30.9357 Currency Euro Buy 33.6412 Sell 33.7601 View all Currencies Average Client Rate in EGP April 06, 2024 Monetary Policy Current Inflation … s節約