Latest in Tag: FX auction Highlight
Latest in Tag: FX auction
CBE sets new regulations for dollar auctions
Banks acquisition of dollars is dependent on their efficiency in providing foreign exchange
CBE decreases issuance of weekly FX auctions
The step was taken to increase the supply of the US dollar in the Egyptian market, and fight the black or parallel market.
Weekly dollar bids rise to four times a week
CBE is set to raise dollar bids worth a total of $160m instead of $120m