Egypt hikes interest rates for first time since 2024
Only social or community posts, or a single source.
What happened
The Egyptian pound hit a record low this week, trading at 56 to the US dollar. (EPA Images pic) CAIRO: Egypt's central bank said on Thursday it was hiking interest rates for the first time since 2024, as the country faces mounting economic pressure and inflation driven by the Middle East war. (Free Malaysia Today, 07:10)
The reporting
1 report
Photo: Free Malaysia Today Free Malaysia Today·News·EN·30 Oct, 07:10 MYTEgypt hikes interest rates for first time since 2024
The Egyptian pound hit a record low this week, trading at 56 to the US dollar. (EPA Images pic) CAIRO: Egypt's central bank said on Thursday it was hiking interest rates for the first time since 2024, as the country faces mounting economic pressure and inflation driven by the…
Read at Free Malaysia Today
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Why it is new
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Timeline
- DetectedFirst detected (Free Malaysia Today) source
Where it started
How it spread
- Step 1News outletsFree Malaysia Today07:10
Internet reaction
No social or community posts about this yet from the platforms we ingest.
What we know
- Covered by 1 established outlet(s): Free Malaysia Today
What we don’t know
- Independent confirmation is missing; treat specifics as unverified
- Only one source so far
All sources (1)
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