Monetary Policy

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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

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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 May 2019

US Dollar​ Currency

16.8331Buy

16.9317Sell

Euro​ Currency

18.747Buy

18.8585Sell

Pound Sterling​ Currency

21.2854Buy

21.4169Sell

Swiss Franc​ Currency

16.6879Buy

16.7906Sell

Japanese Yen 100​ Currency

15.2917Buy

15.3854Sell

Saudi Riyal​ Currency

4.4883Buy

4.5149Sell

Interest Rates

CBE`s Overnight deposit and lending rates

Overnight Deposit RateOvernight Lending Rate
15.75
16.75

W.Average Overnight EGP Interbank Rate

As of 22 May 2019
15.864

Main Open Market Operation(Fixed Rate)

7 Days
16.25

Inflation Rates

Annual Inflation

  • 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​
  • 8.304​ 11.971​
  • 8.566​ 12.714​
  • 9.201​ 14.350​
  • 8.929​ 14.162​
  • 8.109​ 13.015​

Economic Research

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CBE Initiatives

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BanknotE

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Official Exchange Rates

CBE (USD)
  • Buy16.8124

  • Sell16.9326