CBE to Stabilize Interest Rate on Deposits and LoansSource: www.export-egypt.com 7/28/2012, Location: Africa |
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For the fifth consecutive time, the Central Bank of Egypt (CBE) decided to stabilize the interest rate for one night on deposits and loans at 9.25 percent and 10.25 percent, respectively. The decision was made by the CBE Monetary Policy Committee at its meeting on 26/07/2012.
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