MPC

The Monetary Policy Committee (MPC) in its meeting on Thursday 30/3/2023 decided to raise the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate of …

Yesterday, March 30, Egypt’s central bank’s Monetary Policy Committee (MPC) raised the interest rates by 2% in response to the skyrocketing inflation. Moreover, the MPC raised the overnight deposit rate …