HC expects a 100-basis-point interest rate hike in the coming period
At its 20 August meeting, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) maintained the benchmark overnight deposit and lending rates at 19.0% and 20.0%, respectively, for the fourth consecutive time after it cut rates by 100 bps in February, reversing a total of 825 bps since 2025 of a total […]