Egyptian central bank keeps key interest rates unchanged:statement
People and vehicles are seen caught in a traffic jam in front of the Central Bank of Egypt's headquarters in downtown Cairo, Egypt, December 21, 2015. REUTERS/Amr Abdallah Dalsh
By

 CAIRO: Egypt’s central bank kept its key interest rates unchanged on Thursday in its first decision since it raised rates by 150 basis points last month.

The bank’s Monetary Policy Committee (MPC) kept the overnight deposit rate at 10.75 percent and the overnight lending rate at 11.75 percent, it said in a statement.

Recommend to friends

Leave a comment