The Egyptian Central reduces the basic return prices by 100 basis points

The Monetary Policy Committee decided at The Central Bank of Egypt , in its meeting today, reduced both the deposit and lending price for one night, and the price of the main process of the Central Bank by (100) basis points to reach (21.00%), (22.00%) and (21.50%), respectively. Basis to reach (21.50%). He pointed out that the decision is a reflection of the committee’s evaluation of the latest inflation developments and its expectations since its previous meeting.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter