CBE eyes average inflation rate at 7% (±2%) in Q4 of 2022 ...Egypt

The Central Bank of Egypt (CBE) also adjusted its inflation target to a range of 7% (+/- 2%) by 4Q2022, from a previous target range of 9% (+/- 3%), it said. Inflation has been muted for the better part of 2020, exceeding the lower 6% band of the CBE's target range only once in January. The annual (...)

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