Egypt’s central bank reduced its key interest rates, including the deposit, lending, main operation, and discount rates, by 100 basis points.
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) announced on 2 October 2025 to cut the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation by 100 basis points to 21.00%, 22.00%, and 21.50%, respectively.
The Committee also decided to cut the discount rate to 21.50%.
This decision comes as inflationary pressures remain subdued, even as the economy grew by 5% in the second quarter.
The MPC has judged that a 100-basis point reduction in policy rates aligns with upholding an appropriate monetary stance that anchors inflation expectations and sustains the disinflation path. The Committee will continue to evaluate the magnitude and pace of monetary easing on a meeting-by-meeting basis.
