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Egypt's c.bank keeps policy rates on hold

Egypt's c.bank keeps policy rates on hold
Photo Credit: Arabianeye - Reuters

Cairo-Mubasher: The Central Bank of Egypt (CBE) has kept its benchmark interest rates unchanged at a monetary policy committee meeting on Thursday.

The bank kept the overnight deposit and lending rates at 8.75% and 9.75%, respectively, the CBE said in a statement.

The discount rate was kept unchanged at 9.25%, the bank added.