Day: April 19, 2025

The Central Bank of Egypt (CBE) has decided to cut interest rates on Thursday by 225 basis points, bringing the deposit rate to 25 percent and the lending rate to 26 percent. This is the first rate cut in five years. In conjunction with this decision, many wondered about the…

Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates on the exchange rate of the US dollar against the Egyptian pound. During a phone interview with TV host Amr Adib on the “al-Hekaya” (The Story) show on Friday, Fouad…