Page content
Central Bank of Egypt keeps interest rates unchanged for 3rd consecutive meeting
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to hold interest rates steady for the third consecutive time on Thursday, July 9th. In this regard, the overnight deposit rate, overnight lending rate, and the rate of the main operation remain at 19%, 20%, and 19.50%, respectively. The discount rate was also maintained at 19.50%. [...]