Central Bank of Egypt cuts interest rates by 2%
[Egypt Independent - Egypt] - 29/08/2025
The Central Bank of Egypt (CBE) decided on Thursday evening to cut interest rates on deposits and lending by 2 percent, or 200 basis points. The overnight deposit rate now stands at 22 percent, and the lending rate is 23 percent. This decision was made during the fifth meeting of the Monetary (…)
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