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
23 Feb 2017

US Dollar​ Currency

15.7512Buy

15.8518Sell

Euro​ Currency

16.6395Buy

16.749Sell

Pound Sterling​ Currency

19.6764Buy

19.8052Sell

Swiss Franc​ Currency

15.6122Buy

15.7182Sell

Japanese Yen 100​ Currency

13.9366Buy

14.0294Sell

Saudi Riyal​ Currency

4.1996Buy

4.227Sell

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 22 Feb 2017
15.393

Main Open Market Operation(Fixed Rate)

7 Days
15.25

Inflation Rates

Annual Inflation

  • 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​
  • 30.859​ 28.138​

Economic Research

 

CBE Initiatives

 

Banknote

 

Official Exchange Rates

CBE (USD)
  • Buy15.7527

  • Sell15.873