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Egypt Cuts Rates to 21% Amid Economic Stabilization

10/5/2025

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Summary

Story summary

The Central Bank of Egypt (CBE) cut key policy rates by 1 point to 21%.
Headline inflation was 12% in August; core inflation at 10.7%, signaling easing.
GDP grew 5% in Q2 2025, led by tourism and non-oil manufacturing.
The Egyptian pound has stabilized, reducing exchange-rate volatility and supporting economic conditions.

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Story summary

The Central Bank of Egypt (CBE) cut key policy rates by 1 point to 21%.
Headline inflation was 12% in August; core inflation at 10.7%, signaling easing.
GDP grew 5% in Q2 2025, led by tourism and non-oil manufacturing.
The Egyptian pound has stabilized, reducing exchange-rate volatility and supporting economic conditions.