The Egyptian market is awaiting banks’ return to business, Sunday, following the weekend break, to assess the impact of the Central Bank of Egypt’s (CBE) decision last Thursday to cut interest rates by 1% on returns from savings products and the cost of borrowing. The Monetary Policy Committee (MPC) of the CBE decided to reduce […] The post Egyptian market awaits impact of 1% rate cut on savings returns, loans and debt instruments first appeared on Dailynewsegypt .