Hanan Mohamed

The benchmark EGX 30 dipped 1.93 percent, or 182.5 points, to close at 9,272.88 points.

The effect of Coronavirus on the Egyptian economy lengthens tourism sector, manufacturing sector, and the stock exchange while food and retail sectors seem to be the biggest winners.

The overnight deposit rate, overnight lending rate, and the rate of the main operation are kept at 9.25 percent, 10.25 percent, and 9.75 percent, respectively.

The benchmark EGX 30 hiked 0.32 percent, or 30.49 points, to close at 9,455.38 points.

The benchmark EGX 30 declined 1.76 percent, or 169.05 points, to close at 9,424.89 points.

In the midst of anticipation and trends for monetary easing to confront the spread of COVID-19, the central bank is going to meet on April 2 to discuss interest rates.

The benchmark EGX 30 rose 0.76 percent, or 72.51 points, to close at 9,593.94 points.

CBE clarified that the total tourism revenues jumped 67 percent to reach $13.03 billion in 2019, compared to $7.8 billion in 2017, $2.5 billion in 2016 and $6.1 billion in 2015.