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Banking
Egypt’s annual city inflation eases to 14.3% in June as meals costs gradual: CBE
Egypt’s annual city headline inflation eased to 14.3% in June 2026, down from 14.6% in Might, as a pointy slowdown in meals inflation offset continued will increase in non-food costs, in accordance with the Central Financial institution of Egypt (CBE). The CBE stated the moderation was primarily pushed by annual meals inflation, which slowed to five.4% in June from…
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Banking
Egypt’s net international reserves rise $3.6bn in H1 2026 to record $55.1bn
Egypt’s internet worldwide reserves (NIR) elevated by roughly $3.62bn through the first half (H1) of 2026, reaching a file $55.072bn in June, up from $51.452bn in December 2025, in accordance with the Central Financial institution of Egypt (CBE). The CBE stated NIR rose steadily all through the primary six months of the yr, standing at $52.594bn in January, $52.746bn in…
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