Why did the CNB raise interest rates by 0.75 points? “It is raising rates to prevent inflation expectations from anchoring in the economy at a higher than desired level,” explains David Marek. Inflation in the Czech Republic rose to 4.1 percent in August. Domestic prices are growing the fastest in eight years; at present, inflation … Read more
In addition, the situation is complicated for smaller investors by those who want to live on their own. In recent years, they have bought roughly every second apartment in new buildings in order to rent it out – most often for a short time via Internet platforms such as Airbnb. In addition, their properties continued … Read more
Who would not like to reduce their level of debt or catch up with payments that we have behind? I have commented that it is good to know the terms and conditions of our current loans to know what we have contracted and to be able to compare what we have acquired with the current … Read more
Drafting Mexico City / 14.07.2021 13:47:04 Thanks to the fact that prices have not risen and that “today we have the lowest interest rates in the history of the institute”, it is an excellent time to buy a house and take advantage of the advantages offered by an Infonavit loan, he said Carlos Martinez, general … Read more
What are the main reasons for inflation so far? The current slight decline in inflation is only temporary. Inflationary pressures in the domestic economy will increase, companies have already said that the situation is the same, if not worse than before the pandemic, there is a shortage of labor on the market. The pressure for … Read more
1:13 PM Saturday 13 February 2021 – I wrote – Manal Al-Masry: 5 banks across the banking system continue to sell 3-year savings certificates to all customers with an annual return of over 11%, ranging between 11.25% and 12%. The banks had started reducing the interest on savings certificates before the end of last year, … Read more
The Monetary Policy Committee of the Central Bank of Egypt decided, at the end of its meeting Thursday evening, to fix the rate of deposit and lending for one night and the rate of the main operation of the central bank, at 8.25%, 9.25% and 8.75%, respectively, and the credit and discount rate was fixed … Read more
6:32 PM Thursday 04 February 2021 – Books – Mustafa Eid: The Monetary Policy Committee of the Central Bank of Egypt decided in its meeting today, Thursday, to keep the overnight interest rates unchanged at 8.25% for deposits and 9.25% for lending. The committee said, in a statement today, that it decided that the basic … Read more
The Internet banking service of the National Bank of Egypt showed, today, that the interest rates on National Investment Bank investment certificates offered by the National Bank of Egypt have been reduced, to 6% for a group B investment certificate for one year. The National Bank of Egypt offers investment certificates with a return of … Read more
02:58 PM Saturday 30 January 2021 – I wrote – Manal Al-Masry: Bankers expected that the Central Bank of Egypt would proceed to fix the interest rate on deposit and lending at the first meeting of the monetary policy committee next Thursday. Bankers told Masrawy that despite the positive indicators of the Egyptian economy, the … Read more