Economy · Monetary policy rate · Egypt
Egypt’s monetary policy rate was 19% in 24 Sep 2026.
19%
24 Sep 2026
First published value.
Updated 18 Oct 2026
In plain words
19%
What it is. The monetary policy rate is the interest rate the central bank sets at each meeting of its monetary policy committee. Banks price their own deposit and loan rates around it, so it works as the anchor for borrowing and saving costs across the economy. It is a single headline rate, so the rates that households and firms actually pay on loans or earn on savings can differ from it.
Neither way is good in itself. A higher rate rewards savers and tends to cool price rises, while making loans dearer for households, firms and the state. A lower rate eases borrowing costs and gives savers a smaller return. The latest figure is 19%, set on 24 September 2026. Since Sep 2026 that is both the lowest and the highest reading, so the rate has stayed at 19% throughout the span.
Why it matters. At 19%, Egyptian savers can earn a substantial return on bank deposits, and borrowers face high costs on loans linked to the policy rate. Firms weighing expansion must clear that hurdle, and the state pays more to finance its domestic debt. The next committee decision will show whether 19% holds.
| Period | Monetary policy rate · Egypt |
|---|---|
| 24 Sep 2026 | 19% |
Source: Central Bank of Egypt, Monetary Policy Committee decision, September 2026 · Licence: Public central bank announcement, cited with attribution; reuse terms not separately reviewed
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Every change is logged in Corrections. How the figure is made: Methodology.
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Strata-AF™ Data, Monetary policy rate, Egypt, 24 Sep 2026; source Central Bank of Egypt, Monetary Policy Committee decision, September 2026, retrieved 18 Oct 2026; https://data.strata-af.com/economy/monetary-policy-rate/egypt
Data insights · Worked out from the published figures
What this means
Working this out from the published figures…
Strata AI commentary is coming — reviewed, dated, and generated only from the figures on this page.
Methodology
The central bank's policy rate, as set at each monetary policy committee meeting.
The central bank's main policy interest rate, as announced after each Monetary Policy Committee (MPC) meeting. Unit: %.
The rate used for each country: Nigeria, the Monetary Policy Rate; Kenya, the Central Bank Rate; South Africa, the policy rate (formerly the repo rate); Ghana, the Monetary Policy Rate; Egypt, the overnight deposit rate.
Source: each central bank's own MPC statement or communiqué, cited on every data point. Updated each time the MPC meets, whether or not the rate changes. Meeting dates differ by country, so points are not aligned.
Caution: the rates are not strictly comparable. Each central bank uses a different instrument and corridor, and Egypt's headline rate is a deposit rate.