Cairo – Mubasher: The Central Bank of Egypt will hold a regular FX auction to sell $120 million to banks on 5 April, according the bank’s online data.
Earlier, the bank of Egypt decided to reduce foreign currency auctions to a single regular auction on Tuesdays, instead of three ones per week.
On 17 March 2016, CBE raised the value of pound by 7 piasters against U.S dollar to reach 8.78 per dollar.
