The Central Bank of Egypt (CBE) is responsible for making interest rate decisions in Egypt. The official interest rate of the Central Bank of Egypt is the overnight deposit rate. CBE is critical to fulfilling, over the medium term, low rates of inflation, which it feels are necessary for retaining confidence as well as for maintaining high rates of investment and economic expansion.
A higher than expected figure should be seen as positive (bullish) for the EGP while a lower than expected figure should be seen as negative (bearish) for the EGP.
Source:
Central Bank of Egypt
Category:
Interest Rate
Units:
Percent
Latest Release
Previous:
19.25%
Consensus:
19.25%
Actual:
19.25%
Next Release
Date:
Nov 02, 17:30
Time left:
32 days
Data updated. Please refresh the page.
