On Thursday morning, the Central Bank of Egypt announced a package of exceptional decisions related to withdrawal and deposit limits for retailers and companies, whether through bank branches or automated teller machines. Deposit interest rate The Central Bank’s Monetary Policy Committee raised interest rates by 200 basis points, in an extraordinary meeting, setting overnight lending rate at 14.25 percent and the overnight deposit rate at 13.25 percent. It raised the rate of the main operation, and the discount rate to 13.75 percent. How much is the interest rate in the CBE? Acting Governor of the Central Bank, Hassan Abdullah, said that the value of the Egyptian pound against other foreign
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