Published: Nov 22, 2024, 05:00 IST | Updated: Nov 22, 2024, 05:00 IST
World Business Watch Nov 22, 2024, 05:00 IST
Egypt Eyes The Completion Of A Key IMF Review
Egypt kept its interest rates at a record high for the fifth straight meeting even as it weighed the impact of subsidy cuts. The country is also eyeing a closure to the International Monetary Fund's review for a bailout. The monetary policy committee of Egypt's central bank said that the deposit rate and lending rate will remain unchanged at 27.25 percent and 28.25 percent, respectively.