The poll also showed inflation in the South Asian country will remain elevated despite recent interest rate hikes
Monetary Policy Committee
Latest in Monetary Policy Committee
India
Reserve Bank of India keeps lending rate unchanged after 6 consecutive hikes
The pause comes after six hikes in a row, with a total hike in lending rate by two-and-half percent – or 250 basis points – since May 2022
Central Bank of Egypt
Egypt keeps key policy rates unchanged
The move comes amid dovish signals from other central banks, including the US Federal Reserve in tightening of monetary policies
Central Bank of Egypt
Egyptian central bank beat market expectations with a 3% rate hike
The hike is more than the 200 basis points predicted by an analysts’ poll earlier
Central Bank of Egypt
Egyptian pound plummets, stock market rebounds after 2% rate hike by the central bank
The bank also announced the start of a ‘durably flexible exchange rate regime’, which will measure the Egyptian pound against other foreign currencies
Central Bank of Egypt
Egyptian central bank keeps key interest rates unchanged
The bank’s surprise move comes amid hiking of lending rates by central banks in many countries to tame rising inflation
