CBE to sell $120m at regular FX auction

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..

Mubasher Contribution Time: 16-Aug-2016 07:33 (GMT)
Mubasher Last Update Time: 16-Aug-2016 07:33 (GMT)