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بوابة الفجر
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Central Bank readiness ahead of August rate decision
The Central Bank of Egypt is expected to discuss developments in the local and global economy during its meeting on August 20, 2026, with a focus on inflation, growth, and liquidity indicators, in order to make a decision regarding interest rates. The last decision was in July 2026, when the rate was kept steady at 19% for deposits and 20% for loans, amid ongoing uncertainty due to geopolitical tensions and regional conflicts that are affecting economic activity and commodity prices. It is anticipated that the bank will maintain the current rates or decide to change them depending on developments in inflation and economic growth, with economic growth still expected to hover around 5% during 2025/2026.
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