<\/p>\n
The Central Bank of Egypt left its key interest rates unchanged on Thursday, keeping the overnight deposit rate at 21% and the lending rate at 22%.<\/p>\n
The decision followed mixed analyst expectations, with some forecasting a rate cut of as much as 100 basis points after several reductions earlier in the year. Egypt cut rates by a total of 525 basis points between April and August, yet its real interest rates remain among the highest in the world.<\/p>\n
The bank said economic activity continued to improve,…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> The Central Bank of Egypt left its key interest rates unchanged on Thursday, keeping the overnight deposit rate at 21% and the lending rate at 22%. The decision followed mixed analyst expectations, with some forecasting a rate cut of as much as 100 basis points after several reductions earlier in the year. Egypt cut rates […]<\/p>\n","protected":false},"author":6,"featured_media":214450,"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":[258,256,4697,415,6275,6265,4378,257,42242,12850,52928,254],"class_list":["post-214449","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-africa","tag-africa-news","tag-egypt","tag-egypt-news","tag-holds","tag-inflation","tag-interest","tag-news","tag-pressures","tag-rates","tag-reemerge","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\/214449","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=214449"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/214449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/214450"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=214449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=214449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=214449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 North Africa Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"