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View Full Version : Egypt Central Bank Leaves Benchmark Interest Rate Unchanged - Bloomberg



NewsWhore
05-03-2012, 11:40 AM
Egypt Central Bank Leaves Benchmark Interest Rate Unchanged (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHF983CBldbeFz1_tTbo403YtsoQg&url=http://www.bloomberg.com/news/2012-05-03/egypt-central-bank-leaves-benchmark-interest-rate-unchanged-1-.html)
Bloomberg
The bank has kept rates on hold since an increase in November that some economists saw as an effort to avert a run on the Egyptian pound as the country's currency reserves plunged. Reserves “are still at dangerously low levels, and if political ...

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