Thursday 22 September 2022 – 21:16
Cairo, 22 September / WAM / The Monetary Policy Committee of the Egyptian Central Bank decided, at its meeting today, to keep the overnight deposit and loan rates and the main central bank operating rate at the level of 11.25 %, 12.25% and 11.75%, respectively.
The central bank said in a statement that the credit and discount rate was kept at the level of 11.75%, while it was decided to increase the percentage of cash reserves that banks are obliged to keep at the Bank. central Egyptian up to bring it to 18%. instead of 14%.
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Wam / Ramy Samih / Reda Abdel Nour
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