Egypt Central Bank Holds Rates as Liquidity Falls and Remittances Hit Record $47.3 Billion

Egypt’s central bank left key interest rates unchanged, signaling caution as it weighs inflation and broader economic pressures. At the same time, Egypt reported a rare decline in domestic liquidity, a development that matters because liquidity conditions affect credit, spending, and overall financial stability. The central bank also said remittances from Egyptians abroad hit a record $47.3 billion in fiscal 2025/26, giving the country a major boost in foreign currency inflows and helping support the economy.