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Asharq Al-Awsat
Asharq Al-Awsat
Business
Cairo - Asharq Al-Awsat

Expectations Vary on Egypt Cen Bank Raising or Fixing Policy Rates at Upcoming Meeting

Egypt HC MPC CBE Central Bank of Egypt Inflation Monetary Policy
The Central Bank of Egypt in Cairo. (Reuters)

Opinions and expectations varied regarding the decision by the Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) to raise or fix the country’s policy rates in its upcoming meeting on Thursday.

The research department at HC Securities and Investment expected the MPC to hike policy rates by 200 bps in the meeting.

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