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Egypt's CBE maintains interest rates on deposits and loans

Ahram Online , Thursday 28 Mar 2019

CBE
A file photo of Central Bank of Egypt in Cairo (Photo: Ahram Arabic)

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The Central Bank of Egypt decided on Thursday to maintain the overnight interest rate on deposits and loans at 15.75, 16.25 and 16.75 respectively. 

 
The decision was made by the CBE Monetary Policy Committee, which headed by the CBE governor Tarek Amer.
 
The credit and discount rate was also kept unchanged at 16.25 percent.
 
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