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Heba Monir

CBE

HC expects the CBE to maintain the overnight deposit and lending rates

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Financials analyst and economist at HC, Heba Monir commented: “ Our comment: We expect the MPC to maintain the overnight deposit and lending rates at its upcoming meeting despite (1) the y-o-y deceleration in headline inflation for four consecutive months, despite m-o-m increases, on favorable base effect, (2) improved FX liquidity post the Ras El […]