- Egypt pauses easing as inflation rebounds
- War-driven risks cloud growth and currency outlook
CAIRO, EGYPT – Egypt’s central bank has held interest rates steady, pausing its easing cycle as inflation resurges and geopolitical tensions threaten to derail its fragile disinflation path.
The Central Bank of Egypt (CBE) on Thursday kept its overnight deposit rate at 19%, lending rate at 20%, and main operation and discount rates at 19.5%, signalling a renewed commitment to tight monetary policy.
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