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المصري اليوم
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Source: المصري اليوم
3 Hrsالمصري اليوم
Source: المصري اليوم
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The National Bank of Egypt raised the annual rate on its floating-rate Platinum Certificate, which pays returns monthly, to 20.5% from 19.5%, following the Central Bank of Egypt’s 100-basis-point increase in key interest rates. The rate is calculated as the central bank’s deposit rate plus 0.5 percentage points. The overnight deposit and lending rates now stand at 20% and 21%, respectively.
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