Arab Finance: The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to keep key interest rates unchanged, according to a press release on June 22nd.

The overnight deposit rate and the overnight lending rate remained the same at 18.25% and 19.25%, respectively.

Additionally, the rate of the main operation was kept unchanged at 18.75%, and the discount rate was also left unchanged at 18.75%.

The MPC will not hold back from using all of its available tools, including liquidity management operations, to maintain a tight monetary policy and attain the CBE’s upcoming inflation targets of 7% on average by the fourth quarter (Q4) of 2024 Q4 and 5% on average by Q4 2026.

“On the global front, forecasts for key international commodity prices continue to be revised downwards compared to those underlying the previous MPC meetings,” the release read.

Egypt’s annual core inflation up to 12.1% in October: CBE Updated 11/10/2025 3:49:00 PM

Egypt’s NIR exceeds $50B end-October: CBE Updated 11/9/2025 10:59:00 AM

Egypt's net foreign assets leap to EGP 996.1B end-September: CBE Updated 11/4/2025 9:24:00 AM

CBE expects Egypt’s annual inflation to average 10.5% in 2026 Updated 11/2/2025 8:10:00 AM

Fed cuts interest rates by 0.25% in bid to bolster weak labor market Updated 10/30/2025 7:18:00 AM