28 March 2017
By Mohamed Hamdy, Islam Abdelhameed & Sayed Badr
By Mohamed Hamdy, Islam Abdelhameed & Sayed Badr
Deposits from the Gulf to Egypt’s central bank (CBE) have fallen to record $2 billion during 2016, from $31 billion earlier in 2011, CBE governor Tarek Amer said Monday.
“This fall has affected indeed the CBE’s foreign currency liquidity,” Amer added during a conference in Cairo held earlier on Monday.
© Amwal Alghad 2017