Governor of the Central Bank of Egypt (CBE) Tarek Amer on Wednesday said that monetary reform measures led to increasing foreign currency inflows into the country hitting 80 billion dollars since the exchange rate was floated in November.
In statements carried by Al Arabiya news channel, he added that the Bank has outlined a comprehensive program for solving the foreign currency problem.
Floating the exchange rate is part of a program for regulating the financing policy in Egypt, he added.
GMT 19:12 2018 Thursday ,25 October
Sudan signs deal to lift partial ban on Egyptian goodsGMT 19:31 2018 Thursday ,18 October
Egypt prosecutor refers 3 oil industry execs for trial for alleged corruptionGMT 11:24 2017 Thursday ,21 December
Arab, foreign investors acquire 11% of Beltone Financial HoldingGMT 14:38 2017 Wednesday ,20 December
EGX trades sideways, benchmark down 0.3 pctGMT 14:25 2017 Wednesday ,20 December
Egyptians' money transfers hit record in 2017 - CBEMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor