Egypt · Story · Markets
CBE raises interest rates to support economic growth
The Central Bank of Egypt raised interest rates by 100 basis points to 20.0% to support economic growth amid easing inflation pressures.
Running story — the local press covered it again on 30 October 2026.
The story so far as of 30 October 2026
On 29 October, Egypt’s central bank raised its key interest rates by 100 basis points to support economic growth amid easing inflation pressures. This decision marked a shift from previous policies aimed at controlling inflation. On 30 October, the Central Bank of Egypt confirmed the increase, raising the overnight deposit, overnight lending, and main operation rates to 20.0 percent to anchor inflationary expectations amid escalating economic pressures.
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Coverage, day by day
- Regulation
CBE raises interest rates by 1% amid inflation
Impact Lenders and borrowers in Egypt face higher costs as interest rates rise by 1%.
Sources: Al Masry al Youm ↗
- Markets
CBE raises interest rates by 100 basis points
Impact Lenders and borrowers in Egypt face higher interest costs, affecting loan affordability and investment decisions.
Sources: Amwal Al Ghad ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.