The Central Bank of Egypt (CBE) kept its key interest rates unchanged at its August meeting, extending the pause observed since several meetings, after the previous monetary easing cycle. This decision was in line with market expectations. The overnight deposit rate remains at 19%, while the overnight lending rate stays at 20%. The main operation…...
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Egypt: Central Bank keeps key interest rates unchanged
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
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