“Corona” tightens its grip .. and “Central” surprises the markets with a significant reduction in “interest”Visits : 200

“Corona” tightens its grip .. and “Central” surprises the markets with a significant reduction in “interest”

“Corona” tightens its grip .. and “Central” surprises the markets with a significant reduction in “interest”

The newest Corona virus tightened its grip on most of the world, including Egypt, amid unprecedented measures by governments that included a curfew in some cities and exceptional decisions to reduce the number of employees (which we will expand to cover) in todays news, at a time when The Central Bank of Egypt surprised the markets by unexpectedly reducing interest rates by 3% in one go, and this is the largest reduction in Egypt, according to figures available from the Central Bank since 1991, to reach interest rates to their lowest levels since February 2016, according to the newspaper "Al Borsa" .