Egypt's central bank says cuts overnight interest rates by 1 percent

By Kitco News / February 15, 2018 / www.kitco.com / Article Link

CAIRO, Feb 15 (Reuters) - Egypt's central bank cut its key interest rates by 100 basis points on Thursday, it said in a statement.

The statement said the bank cut its overnight deposit rate to 17.75 percent from 18.75 percent and its overnight lending rate to 18.75 from 19.75 percent.


(Reporting by Arwa Gaballa; editing by Sami Aboudi)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok