Overnight Lending Rate
The Overnight Lending Rate is announced by the Central Bank of Egypt (CBE). It is the interest rate at which banks can borrow funds from the CBE overnight to meet their reserve requirements or to cover any short-term funding gaps. A rise in this rate makes it more expensive for banks to borrow funds, which can lead to a reduction in the supply of money in the banking system, leading to an increase in the demand for the Egyptian Pound (EGP). Otherwise, if the CBE decides to lower the Overnight Lending Rate, it usually will trigger a bearish reaction on the EGP.
Next Event -
The typical/expected impact on EGP pairs is Low.
Lower numbers than forecast tend to be bullish for xxx/EGP pairs and bearish for EGP/xxx pairs.
Most Recent -
Higher numbers than forecast tend to be bullish for EGP/xxx pairs and bearish for xxx/EGP pairs.
Past Events
| Date | Time | Actual | Consensus |
|---|---|---|---|
| 25 December 2025 | 17:00 | - | 21% |
| 20 November 2025 | 17:00 | 22% | 21.5% |
| 02 October 2025 | 17:00 | 22% | - |
| 28 August 2025 | 17:00 | 23% | 23% |
| 10 July 2025 | 17:00 | 25% | - |
| 22 May 2025 | 17:00 | 25% | 24.25% |
| 17 April 2025 | 17:00 | 28.25% | 26.25% |
| 20 February 2025 | 17:00 | 28.25% | 28.25% |
| 26 December 2024 | 17:00 | 28.25% | 28.25% |
| 21 November 2024 | 17:00 | 28.25% | - |
| 17 October 2024 | 17:00 | 28.25% | - |
| 05 September 2024 | 17:00 | 28.25% | - |
| 18 July 2024 | 17:00 | 28.25% | 28.25% |
| 23 May 2024 | 17:00 | 28.25% | - |
| 06 March 2024 | 07:30 | 28.25% | - |
| 01 February 2024 | 18:50 | 22.25% | 20.25% |
| 21 December 2023 | 17:30 | 20.25% | 20.25% |
| 02 November 2023 | 17:30 | 20.25% | 20.25% |
| 21 September 2023 | 18:10 | 20.25% | 20.25% |
| 03 August 2023 | 18:30 | 20.25% | 19.25% |