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Egypt's central bank keeps interest rates unchanged in April
Key interest rates were last changed in January 2015 but are currently expected to remain the same
Ahram Online Published in Ahram Online on 23 - 04 - 2015

In a meeting on Thursday, the Central Bank of Egypt's Monetary Policy Committee (MPC) kept the lending rate and deposit rate unchanged at 9.75 percent and 8.75 percent respectively.
The discount rate was also kept unchanged at 9.25 percent, a statement on the CBE's website said.
Key interest rates were last changed in January 2015, when the committee cut them 50 basis points each on lower inflation expectations.
But as annual inflation accelerated to a significant 11.8 percent in March, analysts expected the MPC to hold interest rates.
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