The Monetary Policy Committee of the Central Bank of Egypt will meet on Thursday to set key policy rates, with most analysts expecting no change for a third straight time.
The committee convenes for its fourth scheduled meeting of the year. It last kept the overnight deposit rate at 19 percent and the overnight lending rate at 20 percent after its May meeting.
Banking experts Mohamed Abdel Aal and Shaimaa Wagih both forecast another unchanged decision. They cited still-elevated inflation, global uncertainties, and the need to confirm a lasting disinflation trend.
A Reuters poll of 13 economists reached the same conclusion. The bank is also due to release June inflation data on the same day.
