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CBE Cuts Interest Rates by 1%

Businessmen Team banks-exchange 02 October 2025 08:56 PM
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CBE Cuts Interest Rates by 1%

The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided in its meeting on Thursday, October 2, 2025, to cut the overnight deposit and lending rates, as well as the CBE’s main operation rate, by 100 basis points to 21.00%, 22.00%, and 21.50%, respectively. It also lowered the credit and discount rate by 100 basis points to 21.50%.

The decision reflects the committee’s assessment of the latest inflation developments and outlook since its previous meeting.