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بوابة الشروق
Source: بوابة الشروق
10 Hrsبوابة الشروق
Source: بوابة الشروق
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Fitch Solutions expects the Central Bank of Egypt to keep interest rates on the Egyptian pound unchanged until the end of 2026, with a possibility of a 400 basis point cut in 2027 if an agreement is reached to end the conflict in the Middle East. Such an agreement would ease foreign exchange market pressures and allow for more accommodative monetary policy. This outlook comes amid continued economic resilience and a decline in the unemployment rate to 5.8% in the second quarter of 2026, along with an increase in core inflation to 14.9% in August 2026. Despite rising inflation, the Central Bank of Egypt maintained its interest rates at its most recent meeting.
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