After reducing the interest and canceling the 15% certificates … Where do you invest your money?

After reducing the interest and canceling the 15% certificates … Where do you invest your money?

04:05 PM Sunday 27 September 2020 – I wrote – Yasmine Selim: Within a few days, the map of investment tools that give the largest return in Egypt changed after the Central Bank decided to cut interest and after the National Bank and Egypt suspended the high-yield certificates. During the Monetary Policy Committee meeting last … Read more

After the Central Bank’s decision to “cut interest” … banks meet to discuss the interest rate

After the Central Bank’s decision to “cut interest” … banks meet to discuss the interest rate

10:31 AM Friday 25 September 2020 – I wrote – Manal Al-Masry: Bank officials said that the Assets and Liabilities Committees responsible for setting the interest rate will hold a meeting next Sunday to discuss reducing interest rates on lending and deposits, after the Central Bank’s decision to cut interest on Thursday, as well as … Read more

The central bank violates expectations, cuts interest in half a percent

The central bank violates expectations, cuts interest in half a percent

10:29 PM Thursday 24 September 2020 – I wrote – Manal Al-Masry: The Central Bank’s Monetary Policy Committee decided, today, Thursday, to cut interest rates by half a percent to 8.75% on deposits and 9.75% on lending, for the first time in 6 months. The central bank said in a statement by the Monetary Policy … Read more