Egypt's central bank leaves interest rates unchanged

Reuters, Thursday 14 Jun 2012

Egypt's central bank left its benchmark overnight deposit and lending rates steady on Thursday, as expected

The Monetary Policy Committee of Egypt's central bank has left its key lending rate unchanged at 10.25 per cent and the deposit rate at 9.25 per cent after its regular meeting, it said on its website Thursday.

All nine economists in a Reuters survey had forecast the committee would hold the overnight rates unchanged.

The bank also left the discount rate unchanged at 9.5 per cent and week's repurchase agreement (repo) rate at 9.75 per cent. 

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