Egypt Ezine

Tag : borrowing costs

IMF reduces annual borrowing costs for members by 36 percent
Business

IMF reduces annual borrowing costs for members by 36 percent

egyptezine.com
MENA Newswire News Desk: The International Monetary Fund (IMF) has announced a significant reduction in borrowing costs for its member countries, cutting these costs by 36%, or approximately $1.2 billion annually. The change comes as...
Swiss National Bank cuts interest rates by 25 basis points again
Business

Swiss National Bank cuts interest rates by 25 basis points again

egyptezine.com
MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, bringing it down to 1.00%, marking the central bank's third reduction in 2024. The...