Egypt's c.bank reduces FX auctions to one a week

Cairo – Mubasher: The Central Bank of Egypt said Sunday foreign currency auctions would be reduced to one per week instead of three.

Thus, the weekly dollar sale would be held on Tuesdays.

The bank previously held three auctions per week on Sunday, Tuesday, and Thursday.

Mubasher Contribution Time: 20-Mar-2016 19:29 (GMT)