The central bank of Egypt left its key overnight lending rate unchanged at 9.25 percent on December 24th 2020, in line with expectations. source: Central Bank of Egypt
Lending Rate in Egypt averaged 11.26 percent from 2005 until 2020, reaching an all time high of 19.75 percent in July of 2017 and a record low of 9.25 percent in December of 2013. This page provides - Egypt Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Overnight Lending Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Lending Rate in Egypt is expected to be 9.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Egypt to stand at 8.25 in 12 months time. In the long-term, the Egypt Overnight Lending Rate is projected to trend around 8.25 percent in 2021 and 7.75 percent in 2022, according to our econometric models.