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بوابة أخبار اليوم
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Central Bank to set rates next Thursday
The Monetary Policy Committee of the Central Bank of Egypt has decided, at its upcoming meeting on Thursday, September 24, 2026, to determine the interest rates on deposits and loans. This follows a previous decision in August to keep rates unchanged at 19.00% for deposits and 20.00% for loans, as part of its ongoing assessment of recent inflation developments and forecasts. The decision to hold rates steady comes after an 8.25% reduction in interest rates over the course of 12 previous meetings, marking the fourth consecutive time in 2026 that the committee has maintained current rates. The Central Bank’s goal is to stabilize prices and achieve low inflation rates to enhance confidence and stimulate economic growth. There are three upcoming critical meetings to decide on interest rates later this year.
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