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الرئيسية / news / CBE lowers interest rates by 2%

CBE lowers interest rates by 2%

فريق رجال الأعمال news 28 August 2025 08:25 PM
مشاركة الخبر:
CBE lowers interest rates by 2%

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) cut key interest rates by 200 basis points at its meeting on Thursday, lowering the overnight deposit rate to 22.00%, the lending rate to 23.00%, and the main operation rate to 22.50%. The credit and discount rate was also reduced to 22.50%.

The CBE said the move reflects its assessment of recent inflation trends and outlook, with annual headline inflation easing to 13.9% in July from 14.9% in June. It also pointed to stronger growth prospects, projecting GDP to expand by 4.5% in FY2024/25 compared to 2.4% a year earlier, supported by non-oil manufacturing and tourism.

The MPC further highlighted signs of global economic recovery, as central banks worldwide continue to ease monetary policy.

الكلمات الدالة:

Central Bank of Egypt CBE Monetary Policy Committee MPC interest rates rate cut overnight deposit rate overnight lending rate main operation rate credit and discount rate inflation economic growth tourism sector global economic recovery monetary easing