Monetary Policy

 

Law No. 88 of 2003 of the "Central Bank, Banking Sector and Monetary System" entrusts the Central Bank of Egypt (CBE) with the formulation and implementation of monetary policy, with price stability being the primary and overriding objective.

Banking Supervision

 

CBE sets the regulatory and supervisory standards to guarantee the sound financial positions of banks, and their efficient performance, as well as issuing the necessary decisions for their implementation, and evaluating the efforts exerted

Exchange Rates

Average Client Rate in EGP
19 Jan 2017

US Dollar​ Currency

18.7456Buy

18.91Sell

Euro​ Currency

19.9903Buy

20.1694Sell

Pound Sterling​ Currency

23.1002Buy

23.3104Sell

Swiss Franc​ Currency

18.6338Buy

18.801Sell

Japanese Yen 100​ Currency

16.3446Buy

16.4923Sell

Saudi Riyal​ Currency

4.998Buy

5.042Sell

Interest Rates

CBE`s Overnight deposit and lending rates

Overnight Deposit RateOvernight Lending Rate
14.75
15.75

W.Average Overnight EGP Interbank Rate

As of 18 Jan 2017
15.105

Main Open Market Operation(Fixed Rate)

7 Days
15.25

Inflation Rates

Annual Inflation

  • 7.235​ 11.061​
  • 7.728​ 10.098​
  • 8.415​ 9.015​
  • 9.512​ 10.274​
  • 12.371​ 13.969​
  • 12.308​ 13.999​
  • 13.252​ 15.469​
  • 13.935​ 14.088​
  • 15.716​ 13.563​
  • 20.731​ 19.427​
  • 25.858​ 23.269​

Economic Research

 

CBE Initiatives

 

Banknote

 

Official Exchange Rates

CBE (USD)
  • Buy18.7331

  • Sell18.9225