Egypt's central bank keeps interest rates unchanged for 4th meeting in row

Thu, 13 Aug 2020 - 05:48 GMT

The overnight deposit rate, overnight lending rate, and the rate of the main operation were kept at 9.25 percent, 10.25 percent, and 9.75 percent, respectively.

Will Egypt continue its monetary easing cycle after unscheduled 3%-interest rate-cut?

Tue, 31 Mar 2020 - 06:55 GMT

In the midst of anticipation and trends for monetary easing to confront the spread of COVID-19, the central bank is going to meet on April 2 to discuss interest rates.