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
17 Dec 2017

US Dollar​ Currency

17.7632Buy

17.8632Sell

Euro​ Currency

20.8754Buy

21Sell

Pound Sterling​ Currency

23.6589Buy

23.801Sell

Swiss Franc​ Currency

17.93Buy

18.0382Sell

Japanese Yen 100​ Currency

15.7755Buy

15.8686Sell

Saudi Riyal​ Currency

4.7364Buy

4.7634Sell

Interest Rates

CBE`s Overnight deposit and lending rates

Overnight Deposit RateOvernight Lending Rate
18.75
19.75

W.Average Overnight EGP Interbank Rate

As of 14 Dec 2017
18.975

Main Open Market Operation(Fixed Rate)

7 Days
19.25

Inflation Rates

Annual Inflation

  • 25.858​ 23.269​
  • 30.859​ 28.138​
  • 33.100​ 30.249​
  • 32.250​ 30.912​
  • 32.062​ 31.464​
  • 30.571​ 29.710​
  • 31.947​ 29.763​
  • 35.258​ 32.952​
  • 34.860​ 31.916​
  • 33.260​ 31.592​
  • 30.527​ 30.821​
  • 25.543​ 25.978​

Economic Research

 

CBE Initiatives

 

Banknote

 

Official Exchange Rates

CBE (USD)
  • Buy17.757

  • Sell17.8834