The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

Inflation dropped to 25.7% in July, the first time the real interest rate has been positive since January 2022. Inflation had fallen from a record 38% in September to 27.5% in June.

Egypt’s central bank left its overnight interest rates unchanged on Thursday, as expected, saying economic growth remained slow but that inflation has been decreasing. The bank’s Monetary ...

Egypt held its benchmark interest rate steady on Thursday, opting to keep it at a record high even as double-digit inflation eased to the lowest level in two years. The Monetary Policy Committee ...

Home; Industry; Economy; Egypt’s central bank leaves overnight interest rates steady. The central bank said that the lending rate remained at 28.25 per cent, while the deposit rate stood at 27. ...

Egypt’s central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was set to decelerate sharply in early 2025 it nonetheless remained high.

Egypt's rate cut hopes fade as inflation holds steady. Niveen Wahish, Wednesday 20 Nov 2024. Experts say the Central Bank of Egypt is not likely to cut interest rates before 2025 .

CAIRO (Reuters) - The Central Bank of Egypt CBE will leave its overnight interest rates unchanged when its monetary policy committee meets on Thursday as inflation continues to decline, a poll of ...