Egypt keeps rate on hold.

M2 EQUITYBITES-June 24, 2022--Egypt keeps rate on hold

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Global Banking News - 24 June 2022

Egypt's central bank has kept its rates on hold.

The apex bank's Monetary Policy Committee (MPC) decided on Thursday to keep the overnight deposit rate, overnight lending rate, and the rate of the main operation on hold at 11.25 percent, 12.25 percent, and 11.75 percent, respectively. The discount rate was also...

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