Cyprus Mail on MSN

Cyprus bank customers face slower rate cuts due to market concentration

High concentration in banking markets delays the speed at which central bank interest rate changes reach consumers and businesses, according to a study released by the Central Bank of Cyprus (CBC) on ...
Bloomberg L.P.

Egypt Holds Interest Rates After Surprise Uptick in Inflation

Egypt left interest rates unchanged, opting for caution after inflation unexpectedly quickened for the first time in five months. The central bank maintained its benchmark deposit rate at 21% and ...