Home North Africa Egypt Egypt Central Bank Cuts Rates By 100 Basis Points As Inflation Eases

Egypt Central Bank Cuts Rates By 100 Basis Points As Inflation Eases

Egypt Central Bank Cuts Rates By 100 Basis Points As Inflation Eases

The Monetary Policy Committee of the Central Bank of Egypt cut key interest rates by 100 basis points at its final meeting of 2025, signaling growing confidence that inflation is easing and conditions allow for a cautious shift toward monetary accommodation.

The committee reduced the overnight deposit rate to 20% and the lending rate to 21%. The main operation and discount rates were set at 20.50%.

The decision comes as global growth remains broadly stable, though risks persist from geopolitical…

Read more on AllAfrica.com

South Africa Today Africa – North Africa Egypt News