Egypt cbank leaves key interest rates steady

Reuters
0 Min Read

CAIRO: Egypt’s central bank kept its key overnight interest rates unchanged on Thursday, its fifth pause since it stopped lowering rates in September, the central bank said on its website.

The overnight lending rate was left at 9.75 percent and the deposit rate stayed at 8.25 percent, the website said. The discount rate was also kept steady at 8.5 percent.

Share This Article
Follow:
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms.