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Economy

Egypt raises interest rates by 100 basis points... first increase since March 2024

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Egypt raises interest rates by 100 basis points... first increase since March 2024
An-Nahar
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An-Nahar: The central bank said the decision was made “amid an unfavorable external environment and rising uncertainty,” and aims to “anchor expectations and maintain the downward trajectory…”

Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.

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