CBE's full statement on unchanged rates

Thu, 24 Dec 2020 - 07:01 GMT

The Monetary Policy Committee (MPC) decided to keep the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 8.25 percent, 9.25 percent, and 8.75 percent, respectively. The discount rate was also kept unchanged at 8.75 percent.

US Federal Reserve raises key interest rate to 1.75-2%

Wed, 13 Jun 2018 - 10:00 GMT

The US Federal Reserve raised the benchmark lending rate, the second increase of the year, and signaled two more hikes were coming in 2018 and four in 2019