Cairo – Mubasher: The Central Bank of Egypt (CBE) would sell $120 million to banks at Tuesday’s regular FX auction, according to the bank’s official website.
On 9 August, the bank sold $118.8 to banks, keeping the Egyptian pound exchange rate unchanged at 8.78 per dollar.
During August 2016, Egypt plans to issue EGP 121.25 billion in treasury bills and bonds..