{"id":205887,"date":"2025-08-30T10:26:48","date_gmt":"2025-08-30T08:26:48","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/north-africa-egypts-central-bank-cuts-interest-rates-by-2-percent\/"},"modified":"2025-08-30T10:26:48","modified_gmt":"2025-08-30T08:26:48","slug":"north-africa-egypts-central-bank-cuts-interest-rates-by-2-percent","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/north-africa-egypts-central-bank-cuts-interest-rates-by-2-percent\/","title":{"rendered":"North Africa: Egypt&#8217;s Central Bank Cuts Interest Rates By 2 Percent"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"24\">The Central Bank of Egypt (CBE) announced a 200 basis point cut in interest rates during its Monetary Policy Committee meeting on Thursday 28\/8\/2025.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"28\">The overnight deposit rate was reduced to 22%, the lending rate to 23%, and the main operation rate to 22.5%. The discount rate was also lowered to 22.5%.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"20\">The CBE attributed the decision to easing global and domestic inflation, improving growth outlook, and reduced external and fiscal risks.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"46\">Domestically, real GDP growth is expected to reach 4.5% in&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202508290571.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 North Africa <a title=\"Egypt\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/north-africa\/egypt\/\">Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Egypt (CBE) announced a 200 basis point cut in interest rates during its Monetary Policy Committee meeting on Thursday 28\/8\/2025. The overnight deposit rate was reduced to 22%, the lending rate to 23%, and the main operation rate to 22.5%. The discount rate was also lowered to 22.5%. The CBE attributed [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":205888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[338],"tags":[258,256,7089,5934,7210,415,6989,4378,257,6732,6720,12850,254],"class_list":["post-205887","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-africa","tag-africa-news","tag-bank","tag-central","tag-cuts","tag-egypt-news","tag-egypts","tag-interest","tag-news","tag-north","tag-percent","tag-rates","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/205887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=205887"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/205887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/205888"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=205887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=205887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=205887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}