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View Full Version : Egypt Keeps Benchmark Rate Unchanged as Currency Weakens - Bloomberg



NewsWhore
07-26-2012, 10:10 AM
Egypt Keeps Benchmark Rate Unchanged as Currency Weakens (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEiWK0T1MA3H-429XJlrSjbcRHITw&url=http://www.bloomberg.com/news/2012-07-26/egypt-keeps-benchmark-rate-unchanged-as-currency-weakens.html)
Bloomberg
All seven economists surveyed by Bloomberg forecast no change. “Lowering interest rates at the moment could add pressures on the domestic currency, especially given that external pressures continue to exist,” Nada Farid, a Cairo-based economist with ...

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