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بوابة أخبار اليوم

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Central Bank Holds Fourth Rate Meeting

Central Bank Holds Fourth Rate Meeting

The Monetary Policy Committee of the Central Bank of Egypt, chaired by Hassan Abdallah, met on Thursday, July 9, 2026, to determine interest rates on deposits and loans for 2026. During its meeting on May 21, 2026, the committee decided to keep interest rates unchanged at 19% for deposits, 20% for loans, and 19.5% for the main operation rate, after a total reduction of 8.25% over the course of 10 previous meetings. The next meeting is scheduled to be held in six weeks, and the Central Bank has the authority to hold an emergency session if any developments require it, with the aim of maintaining price stability and supporting economic growth.

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