the exchange rate is affected by the return on the EGP-denominated T-bills rather than policy rates, and given the recent increase in yields, we think that this would allow the CBE to cut the ...

Egypt - Markets are closely watching the reopening of banks on Tuesday—following the Easter and Sham El-Nessim holidays—to assess how the Central Bank of Egypt’s (CBE) surprise 2.25% interest rate cut ...

Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates on the exchange rate of the US dollar against the Egyptian pound. During ...

Egypt’s central bank (CBE) cut its key interest rates by 225 basis points on Thursday 17/4/2025, delivering its first rate cut in nearly five years as inflation continues to retreat from record highs.

At its previous meeting held on 20 February, the MPC decided to keep the CBE's key interest rates unchanged for the seventh consecutive time, maintaining the overnight deposit rate at 27.25% ...

The Central Bank of Egypt (CBE) has decided to cut interest rates on Thursday by 225 basis points, bringing the deposit rate to 25 percent and the lending rate to 26 percent. This is the first rate ...