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
11 Dec 2018

US Dollar​ Currency

17.8633Buy

17.9558Sell

Euro​ Currency

20.3481Buy

20.4571Sell

Pound Sterling​ Currency

22.5382Buy

22.6567Sell

Swiss Franc​ Currency

18.084Buy

18.1813Sell

Japanese Yen 100​ Currency

15.7873Buy

15.8719Sell

Saudi Riyal​ Currency

4.7611Buy

4.7863Sell

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 10 Dec 2018
17.212

Main Open Market Operation(Fixed Rate)

7 Days
17.25

Inflation Rates

Annual Inflation

  • 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​
  • 8.857​ 17.675​
  • 7.944​ 15.655​

Economic Research

 

CBE Initiatives

 

Banknote

 

Official Exchange Rates

CBE (USD)
  • Buy17.8492

  • Sell17.9738