(Bloomberg) Egypt looks poised to hold interest rates again Thursday as the latest Middle Eastern conflict on its borders gives the economically troubled country a further reason to tread carefully.Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Biden Urges ‘Pause’ So Hostages Can Leave GazaReal Estate Industry Takes Fresh Hit With Verdict on CommissionsFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenPowell Hints Fed Is Done With
War May Give Egypt Yet Another Reason to Hold Rates: Day Guide bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
DUBAI: Egypt’s International Monetary Fund (IMF)-led strategy to overcome its debt distress sounds like a perfect recipe for a rally in the nation’s debt – except that money managers are sceptical about the plan’s execution.