Cairo – February 1, 2024: Economic experts are anticipating the Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) meeting to keep key interest rates during its first session of 2024. These meetings serve as a main indicator for the short-term direction of the Egyptian pound’s interest rate. Last week Reuters surveyed 16 economists, with a majority sharing a neutral outlook with expectations that the MPC will maintain the interest rates while Egypt continues its discussions with the IMF. During the past three MPC meetings, the CBE kept key interest rates unchanged, with the overnight deposit rate at 19.25 percent, while the overnight lending rate at 20.25 percent, and the main operation and discount rates at 19.75 percent. The next MPC meeting is scheduled for March 28.