Egypt Squeezes in 5th Rate Cut of Year After Inflation Slows
7 Articles
7 Articles
Egypt cuts key interest rates by 1 pct as inflation slightly down
CAIRO, Dec. 25 (Xinhua) -- The Central Bank of Egypt (CBE) on Thursday lowered its key interest rates by 100 basis points, or 1 percent, the CBE reported. Read full story
Egypt cuts interest rates for fifth time as inflation eases
The monetary policy committee of Egypt’s Central Bank has cut interest rates for a fifth time in a row due to easing inflation. It has cut deposit and lending rates by 100 points each to 20 percent and 21 percent respectively, the central bank said in a statement on its website. In November inflation resumed its downward trend, reaching 12.3 percent, its lowest level in four years, driven by lower food price rises. Economic growth has also been …
At its meeting on Thursday, 25 December 2025, the Monetary Policy Committee of the Central Bank of Egypt decided to reduce the rates of deposit and loan return for one night and the main operation of the Central Bank by 100 basis points to 20.0%, 21.0% and 20.50%, respectively.
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