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The loan rate in Egypt refers to the central bank's overnight lending facility, which is one of the primary policy instruments. In conjunction with the overnight deposit rate, the overnight lending rate establishes the outer borders of a corridor within which the overnight interbank rate will change.

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.

Category:  Lending Rate
Units:  Percent
Impact: Low
Currency: EGP
Latest Release
Previous: 20.25%
Consensus: 20.25%
Actual: 20.25%
Next Release
Date: Dec 21, 17:30
Time left: 18 days