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
25 May 2017

US Dollar​ Currency

18.0259Buy

18.1288Sell

Euro​ Currency

20.198Buy

20.3206Sell

Pound Sterling​ Currency

23.3417Buy

23.4859Sell

Swiss Franc​ Currency

18.5299Buy

18.6376Sell

Japanese Yen 100​ Currency

16.1204Buy

16.2169Sell

Saudi Riyal​ Currency

4.8064Buy

4.834Sell

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 24 May 2017
17.713

Main Open Market Operation(Fixed Rate)

7 Days
17.25

Inflation Rates

Annual Inflation

  • 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​
  • 30.859​ 28.138​
  • 33.100​ 30.249​
  • 32.250​ 30.912​
  • 32.062​ 31.464​

Economic Research

 

CBE Initiatives

 

Banknote

 

Official Exchange Rates

CBE (USD)
  • Buy18.0057

  • Sell18.1335