Central bank keeps rates on hold, as expected

DNE
DNE
0 Min Read

CAIRO: Egypt’s central bank said it kept its benchmark interest rates on hold, as expected, after a monthly monetary policy meeting on Thursday.

All four economists in a Reuters survey had forecast the overnight lending and deposit rates would remain unchanged at 9.75 percent and 8.25 percent, respectively. There has been no change in the two rates since Sept. 17, 2009.

 

 

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