Economic news
Egypt central bank keeps interest rates unchanged
2022.08.18 18:34
FILE PHOTO: Central Bank of Egypt’s headquarters is seen in downtown Cairo, Egypt February 25, 2021. REUTERS/Mohamed Abd El Ghany
CAIRO (Reuters) – Egypt’s central bank kept key interest rates unchanged on Thursday, it said in a statement.
The overnight lending rate remains at 12.25 percent, while the overnight deposit rate is at 11.25 percent, the bank said.