The Central Bank of Egypt Keeps Interest Rates on Deposits, Loans UnchangedSource: www.export-egypt.com 9/28/2018, Location: Africa |
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 The Central Bank of Egypt decided to stabilize the interest rate for one night on deposits and loans at 16.75 and 17.75 percent respectively.
The decision was made by the CBE Monetary Policy Committee during a meeting held earlier in the day. Also, the committee decided to fix the rate of the CBE’s main operation at 17.25 percent. The discount rate was also kept unchanged at 17.25 percent. |
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