Pre-Trading Thoughts

CBE is expected to raise rates by 200-300 bps at its MPC meeting this Thursday. IMF: Preparations for the first Egypt review have started and dates for the first review mission will be announced when they have been agreed upon with the Egyptian authorities. Kuwait has extended the tenor of a USD2 billion deposit with the CBE for one year to September 2023. IFC can help the Egyptian government implement its privatization program, or give advice in terms of defining what the right structure is,...