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BREAKING: Egypt's central bank hikes key interest rates by 200 bps
Yomna Yasser Published in Amwal Al Ghad on 30 - 03 - 2023

Egypt's central bank hiked overnight interest rates by 200 basis points on Thursday, in an attempt to bring soaring inflation under control.
The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight lending rate, and the rate of the main operation to18.25 percent, 19.25 percent, and 18.75 percent, respectively, it said in a statement.

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