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Egypt’s EGX30 share index climbs 3.8 percent in early trade

Published: Updated:

Egypt’s EGX30 share index climbed 3.8 percent in Sunday morning trade after the central bank cut key interest rates for the second month in a row, bourse data showed.

The central bank cut overnight deposit and lending rates on Thursday by 100 basis points to 13.25 percent and 14.25 percent respectively.