Interest rates remains unchanged during Central Bank of Egypt’s latest meeting ...Egypt

EGYPT INDEPENDENT - Economy
Interest rates remains unchanged during Central Bank of Egypt’s latest meeting
source : EGYPT INDEPENDENT ( Egypt ) () 22
The Monetary Policy Committee of the Central Bank of Egypt kept interest rates unchanged during its latest meeting on Thursday. The overnight deposit rate, overnight lending rate and the rate of the main operation were fixed at 19.25 percent, 20.25 percent and 19.75 percent, respectively. The Central Bank’s Monetary Policy Committee kept the interest rate for four meetings unchanged, while it raised the interest rate in two meetings by about one percentage and two percent, for a total value of three percent for this year.   Controlling the interest rate ​The Monetary Policy Committee of the Central Bank convenes to determine the interest rate every six weeks. The committee was formed by a d

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