Money and business

The Egyptian Central reduces interest rates for the first time in 5 years

The Monetary Policy Committee of the Central Bank of Egypt decided today, Thursday, to reduce interest rates for the first time since 2020, after installing 7 consecutive times.

The committee approved at its second meeting during the year 2025, the price of the deposit and lending return for one night and the price of the main operation of the Central Bank by 225 basis points to 25%, 26% and 25.5%, respectively.

It also decided to reduce the credit and discount price to 25.5%.

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