Cairo - Mubasher: The Central Bank of Egypt (CBE) said that foreign exchange inflows surged in the last two days to more than $1.1 billion, a source in the central bank told Middle East News Agency (MENA).
The CBE recorded its highest outcome of foreign currency ever at $618 million on Tuesday, noting that it came from mutual funds, as well as regional and international financial institutions.
On Sunday, the foreign exchange outcome reached around $500 million, which indicates the rising investors’ confidence in the Egyptian economy, the source added.
