Egypt: CBE Holds Exceptional Dlrs 200 Million Auction

The Central Bank of Egypt (CBE) said on Monday 14/3/2016 that it will sell 200 million dollars in an exceptional auction at a rate of 8.85 Egyptian pounds to the dollar.

The CBE offers three tenders to sell dollars to banks weekly, on Sunday, Tuesday, and Thursday of each week, in which the dollar price is determined by the CBE and thus in banks and exchange companies.

Source: All Africa


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