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Home International Customs Egypt

Egypt’s central bank sells $500m in interbank in April

byCustoms Today Report
11/05/2015
in Egypt, International Customs
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CAIRO: Egypt’s central bank said on Monday it sold $500 million in the interbank market to meet outstanding demand for “strategic staple food commodities” with the approach of the holy month of Ramadan, which begins in mid-June.
The bank sold $281 million in the interbank market last month and $420 million in March to meet similar demand for dollars.

Tags: Egypt’s central bankinterbank market“strategic staple food commodities”

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