Egypt Central Bank of Egypt overnight deposit rate
Egypt Central Bank of Egypt overnight deposit rate is 19 percent, in force since 12 Feb 2026, cited to Central Bank of Egypt. It was 20 percent before that. Last checked against the official source on 10 Oct 2026.
Official source: Central Bank of Egypt · Last checked 2026-10-10 · source fingerprint
Central Bank of Egypt policy rate (overnight deposit rate — the CBE runs a corridor; the lending rate sits 100bp above). MPC meets ~8 times a year on Thursdays.
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| Current value | 19 percent (overnight deposit rate) |
|---|---|
| In force from | 2026-02-12 |
| Official source | Central Bank of Egypt - MPC Press Release, 24 September 2026: 'The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has decided to keep its key policy rates unchanged. The overnight deposit rate, overnight lending rate, and the rate of the main operation remain at 19.00 percent, 20.00 percent, and 19.50 percent, respectively.' Level set by the MPC of 12 February 2026. |
| Last verified | 2026-10-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Cut 100bp on 12 Feb 2026 (corridor: lending 20.00%, main operation 19.50%; required reserve ratio simultaneously cut 18%→16%), then held at three consecutive meetings (2 Apr, 21 May, 9 Jul 2026). Cumulative easing from the 27.25% peak of March 2024: 825bp. June 2026 headline inflation 14.3%; inflation target 7% ±2pp (horizon revised toward H2 2027). Next meeting expected late August 2026. RE-CHECKED 2026-10-10: the 24 September 2026 MPC press release is the newest on the CBE news index; it held all key rates, so effective_from stays 2026-02-12.
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-12-25 | 20 | CBE — MPC press release, 25 December 2025 (-100bp) |
| 2025-10-02 | 21 | CBE — MPC press release, 2 October 2025 (-100bp; held 20… |
| 2025-08-28 | 22 | CBE — MPC press release, 28 August 2025 (-200bp) |
| 2025-05-22 | 24 | CBE — MPC press release, 22 May 2025 (-100bp; held 10 Jul) |
| 2025-04-17 | 25 | CBE — MPC press release, 17 April 2025 (-225bp, first cut… |
| 2024-03-06 | 27.25 | Set at the unscheduled 6 March 2024 meeting (+600bp… |
Get it programmatically
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Other Egypt series: Statutory default interest (فوائد التأخير) · VAT standard rate · VAT registration threshold · Private-sector minimum wage · Public holidays · CPI inflation (year-on-year) · Corporate income tax rate · Withholding tax rates · Personal income tax brackets · Statutory social-insurance contributions · CBE official exchange rates (buy/sell) · Tax filing deadlines
The same figure elsewhere: Equatorial Guinea · Eswatini · Ethiopia · Gabon · Ghana · all 34