Egypt Three Month Interbank Rate was at 9.30 percent on Tuesday October 26. source: Central Bank Of Egypt

Interbank Rate in Egypt averaged 9.75 percent from 2001 until 2021, reaching an all time high of 13.61 percent in May of 2003 and a record low of 6.95 percent in January of 2003. This page provides - Egypt Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Three Month Interbank Rate - values, historical data and charts - was last updated on October of 2021.

Interbank Rate in Egypt is expected to be 9.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Three Month Interbank Rate is projected to trend around 8.30 percent in 2022 and 7.80 percent in 2023, according to our econometric models.

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Egypt Three Month Interbank Rate

Egypt Last Unit Reference Previous Highest Lowest
Interest Rate 8.25 percent Sep/21 8.25 21.40 8.25
Interbank Rate 9.30 percent Oct/21 9.30 13.61 6.95
Money Supply M0 1033868.00 EGP Million Sep/21 1029296.00 1064734.00 68043.00
Money Supply M1 1307587.00 EGP Million Aug/21 1285766.00 1307587.00 33680.00
Money Supply M2 5489428.00 EGP Million Aug/21 5425125.00 5489428.00 161125.00
Foreign Exchange Reserves 40825.00 USD Million Sep/21 40672.00 45510.00 10088.00
Banks Balance Sheet 6408261.00 EGP Million Jun/20 5516806.00 6408261.00 156312.00
Loans to Private Sector 1212723.00 EGP Million Aug/21 1198464.00 1212723.00 220898.00
Lending Rate 9.25 percent Sep/21 9.25 19.75 9.25
Central Bank Balance Sheet 8059461.00 EGP Million Jul/21 7948115.00 8059461.00 1198240.00

Egypt Three Month Interbank Rate
The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency.