The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is expected to keep interest rates unchanged at its August 20 meeting as renewed inflationary pressures offset the resilience of the country’s external position, according to HC Securities & Investment. “Given accelerated inflationary pressures, we expect the MPC to keep interest rates unchanged at its August 20 meeting,” Heba Mounir, macro analyst at Egypt-based investment bank HC Securities & Investment, said. [...]