Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Egypt's central bank on Wednesday cancelled a March 28 meeting of its Monetary Policy Committee (MPC),saying an unscheduled rate hike two weeks ago was sufficient.
The interest rate rise was meant to accelerate the monetary tightening process and ensure a decline in underlying inflation, Egypt's central bank said on March 6.
Egypt's central bank deputy governor said interest rates will fall again, as the tightening cycle is temporary.
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