Central Bank of Egypt raises interest rates for the third time in 2026

The Central Bank of Egypt has decided to keep the core interest rates on the Egyptian pound unchanged for the third consecutive time in 2026. The deposit rate remains at 19%, and the lending rate at 20%. This decision comes amid an assessment of domestic and global economic developments, following a series of cuts implemented since April 2025, with total reductions amounting to 825 basis points by the end of February 2026.

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