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Wednesday, 11 September 2019

Inflation’s fall to lowest level since 2013 keeps Egypt’s airwaves occupied

Yesterday’s release of inflation figures was the talk of the town, withAl Hayah Youm’s Khaled Abu Bakr (watch, runtime: 3:03) and Masaa DMC’s Ramy Radwan (watch, runtime: 11:03) among those taking note. We have the details in this morning’s Speed Round, below.

Inflation figures give CBE impetus for a rate cut: Hona Al Asema’s Lama Gebril took note of Bloomberg saying yesterday that August’s inflation figure puts Egypt in a position “primed for emerging world’s deepest rate cuts after Turkey.” The host gave her viewers a primer on the importance of rate cuts to increase liquidity in the economy and the relationship between interest and inflation rates (watch, runtime: 1:26).

Mohamed Salah snagging Liverpool’s Goal of the Month award for August obviously couldn’t go unnoticed, with Gebril happily reporting on the news and saying that Mo’s success is a source of joy for Egypt (watch, runtime: 6:55). Salah’s trademark finesse toward a far-right corner, after bolting past Arsenal’s defense, to put his team 3 up earned him the Red’s goal scorer of the month designation (watch the team’s top 5 goals here).

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