Egypt Interest Rate

Last Release

Apr 17, 2025

Actual

25.5

Units In

27.25

Frequency

Daily

Next Release

May 22, 2025

Time to Release

1 Months 3 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
27.25 Mar 2024	8.25 Sep 2009	12.46 %	1991-2025	Central Bank of Egypt

In Egypt, interest rate decisions are taken by the Central Bank of Egypt (CBE). The Central Bank of Egypt official interest rate is the overnight deposit rate. The CBE is committed to achieving, over the medium term, low rates of inflation which it believes are essential for maintaining confidence and for sustaining high rates of investment and economic growth.

Latest Updates

The Central Bank of Egypt cut its benchmark interest rate by 225 basis points to 25.50% during its April 2025 meeting, ending 11 consecutive months of record-high borrowing costs in the Egyptian monetary system. The move aligns with efforts to anchor inflation expectations, as annual headline inflation decelerated to 13.6% in March 2025, while core inflation fell to 9.4%. Food inflation eased sharply to 6.6%, and non-food inflation slowed to 18.9%. Despite these improvements, inflation remains well above the bank’s target rate of 7% (±2 percentage points). Upside risks from fiscal consolidation measures, ongoing trade uncertainties, and heightened geopolitical tensions continue to exert pressure on the inflation outlook. The MPC will steer inflation towards its 7% ± 2 p.p. target by the fourth quarter of 2026.