It also decided to maintain the discount rate at 21.50%.
This decision reflects the Committee's assessment of the latest inflation developments
and its expectations since its previous meeting.
The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided at its meeting today, Thursday, to maintain the overnight deposit and lending rates and the CBE’s main operation rate at 21.00%, 22.00%, and 21.50%, respectively.
It also decided to maintain the discount rate at 21.50%.
This decision reflects the Committee's assessment of the latest inflation developments
and its expectations since its previous meeting.