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اليوم السابع
Key Rate Meeting Scheduled Thursday
The Monetary Policy Committee of the Central Bank of Egypt is preparing to hold its meeting on Thursday, August 20, 2026, to review interest rates, with expectations that they will remain stable at their current levels. So far, in its last meeting in May 2026, the committee decided to keep the deposit rate at 19% and the lending rate at 20%. The bank uses interest rates to control inflation, lowering them to reduce prices or raising them to combat rising inflation. These decisions are being made in an unstable external environment with expectations of declining inflation.
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