Opinion | Reading into the Surprise Rate Increase by the National Bank of Egypt and Banque Misr

In a move reflecting clear flexibility in liquidity management, both the National Bank of Egypt and Banque Misr have announced an increase in the yield on three-year fixed-rate certificates to 17.25%, emphasising that the decision is aimed at offering savings instruments suited to the needs of different segments of society. A broader reading of the […] The post Opinion | Reading into the Surprise Rate Increase by the National Bank of Egypt and Banque Misr first appeared on Dailynewsegypt .