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بوابة أخبار اليوم
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Egypt Central Bank maintains interest rates again
The Central Bank of Egypt has decided to keep interest rates unchanged for the fourth consecutive time, maintaining the deposit rate at 19.00%, the lending rate at 20.00%, and the policy rate at 19.50%. This decision comes after evaluating developments in inflation and economic forecasts. The Central Bank confirmed that the slowdown in global economic activity, geopolitical tensions, and rising energy and agricultural commodity prices have caused market fluctuations and increased inflation. However, it expects inflation to gradually decline to around 7% by the end of 2027, while maintaining a restrictive policy to support price stability and reduce inflationary pressures.
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