降息200个基点！这国央行宣布→

Core Viewpoint - The Central Bank of Egypt has significantly cut interest rates by 200 basis points, marking the third rate cut in 2025, driven by declining inflation and improving employment conditions [1][3]. Group 1: Interest Rate Cuts - The overnight deposit rate has been reduced from 24.00% to 22.00%, and the overnight lending rate from 25.00% to 23.00% [3]. - The Central Bank aims to anchor inflation expectations and maintain a conducive monetary policy stance, despite ongoing inflation risks [3][5]. - The Central Bank's inflation target is set at 7%, indicating that current inflation levels are still above this target [5]. Group 2: Economic Performance - Egypt's economy is showing signs of recovery, with a real GDP growth rate of 5.4% in Q2 2025, compared to just 2.4% in the previous fiscal year [4][8]. - The non-oil manufacturing sector grew by 16.03% in Q2, contributing 1.9 percentage points to GDP growth, while the tourism sector saw a 23% increase [8]. - Exports of goods and services surged by 54.4% in Q2, significantly outpacing the 18.7% increase in imports, contributing approximately 2.7 percentage points to GDP [8].