#overnight rates
The Central Bank of Egypt (CBE) is anticipated to maintain its current overnight interest rates during the upcoming policy meeting on Thursday 21, December. This decision is expected despite the forecast of economic reforms following President Abdel Fattah Al-Sisi's recent re-election for a third six-year term, securing 89.6 percent of the vote. Analysts suggest that Egypt is likely to postpone any potential interest rate hikes or currency devaluation until January. Next Thursday marks the final meeting of…
