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كشكول
Source: كشكول
24 Hrsكشكول
Source: كشكول
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The Central Bank of Egypt has decided to keep the deposit and lending rates unchanged at 19.00% and 20.00%, respectively, for the third consecutive time in 2026, following a previous cut of 100 basis points. This decision comes after an assessment of inflation developments, as the overall inflation rate in Egyptian cities reached 14.9% in July 2026, compared to 14.3% in June, while the core inflation rate remained steady at 14.7% in July 2026. The bank based its decision on economic developments, concluding that maintaining the current interest rates contributes to price stability and ensures that inflation returns to the target level soon, with readiness to take additional measures if necessary.
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