“Monetary policies”… The central bank’s journey in deciding the fate of the 2023 interest rate
Today, the Monetary Policy Committee of the Central Bank is holding a meeting to determine the fate of the interest rate today, and the meeting of the Monetary Policy Committee of the Central Bank today is the fifth meeting of the Monetary Policy Committee of the Central Bank of Egypt for the year 2023 to discuss changing the interest rate.
Central bank meeting today
The results of the meeting of the Monetary Policy Committee of the Central Bank, one of the most searched topics on the global search engine, Google, as citizens search for the results of the meeting of the Monetary Policy Committee of the Central Bank today, Thursday, August 3, 2023.
Interest rate trip 2023
The meeting of the Monetary Policy Committee of the Central Bank, today, Thursday, to discuss the fate of the interest rate, comes amid questions whether the meeting of the Monetary Policy Committee of the Central Bank will remain on the interest rate, as it is, or will it be raised, which citizens fear will happen.
The meeting of the Monetary Policy Committee of the Central Bank today, Thursday, about changing the interest rate, is not the first meeting of the Monetary Policy Committee of the Central Bank during the year 2023, so the Monetary Policy Committee of the Central Bank has held more than 4 meetings so far during the year 2023, to decide the fate of the interest rate.
The meeting of the Monetary Policy Committee at the Central Bank today is not the first and will not be the last for the Monetary Policy Committee at the Central Bank on the interest rate.
Meetings of the Monetary Policy Committee of the Central Bank 2023
Monetary Policy Committee meeting, February 2, 2023
The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting on Thursday, corresponding to February 2, 2023, to maintain the rates of the overnight deposit and lending return and the price of the main operation of the Central Bank at the level of 16.25%, 17.25% and 16.75%, respectively. The credit and discount rate was kept at 16.75%.
Monetary Policy Committee meeting March 30, 2023
The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting on Thursday, corresponding to March 30, 2023, to raise the rates of the overnight deposit and lending return and the price of the main operation of the Central Bank by 200 basis points, to reach 18.25%, 19.25%, and 18.75%, respectively. The credit and discount rate was raised by 200 basis points to 18.75%.
Monetary Policy Committee meeting May 18, 2023
The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting on Thursday, corresponding to May 18, 2023, to maintain the rates of the overnight deposit and lending return and the price of the main operation of the Central Bank at the level of 18.25%, 19.25%, and 18.75%, respectively. The credit and discount rate was kept at 18.75%.
Monetary Policy Committee Meeting – 22nd June 2023
The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting on Thursday, corresponding to June 22, 2023, to maintain the rates of the overnight deposit and lending return and the price of the main operation of the Central Bank at the level of 18.25%, 19.25%, and 18.75%, respectively. The credit and discount rate was kept at 18.75%.
Monetary Policy Committee meeting August 3, 2023
Citizens are waiting for the meeting of the Monetary Policy Committee today, Thursday, August 3, 2023, to know the fate of the interest rate, will it be kept as it is or will it be changed?
