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
21 Oct 2018

US Dollar​ Currency

17.86Buy

17.9553Sell

Euro​ Currency

20.5622Buy

20.6773Sell

Pound Sterling​ Currency

23.3412Buy

23.4747Sell

Swiss Franc​ Currency

17.9191Buy

18.022Sell

Japanese Yen 100​ Currency

15.8671Buy

15.9546Sell

Saudi Riyal​ Currency

4.7599Buy

4.7858Sell

Interest Rates

CBE`s Overnight deposit and lending rates

Overnight Deposit RateOvernight Lending Rate
16.75
17.75

W.Average Overnight EGP Interbank Rate

As of 18 Oct 2018
16.905

Main Open Market Operation(Fixed Rate)

7 Days
17.25

Inflation Rates

Annual Inflation

  • 30.527​ 30.821​
  • 25.543​ 25.978​
  • 19.864​ 21.901​
  • 14.351​ 17.068​
  • 11.882​ 14.397​
  • 11.587​ 13.319​
  • 11.616​ 13.124​
  • 11.086​ 11.447​
  • 10.895​ 14.384​
  • 8.541​ 13.509​
  • 8.832​ 14.240​
  • 8.554​ 15.970​

Economic Research

 

CBE Initiatives

 

Banknote

 

Official Exchange Rates

CBE (USD)
  • Buy17.8478

  • Sell17.9731