Central Bank MPC Maintains Interest Rate
The Monetary Policy Committee of the Central Bank of Egypt decided today to keep interest rates unchanged at their recent levels, with the overnight deposit and lending rates at 19% and 20%, respectively. This decision is the same as at the end of its previous meeting in May 2026. This pause comes amid continued inflation and ongoing challenges from an unstable external environment, as the committee monitors price developments and their future outlook, with the bank utilizing interest rates as a primary tool to control inflation.
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