Home MoneyBanks Egypt’s Central Bank sells $281 million in Interbank Market

Egypt’s Central Bank sells $281 million in Interbank Market

by Yomna Yasser

Egypt’s central bank said Sunday it sold $281 million in the interbank market to meet outstanding demand for staple commodities.

The bank sold $420 million last month in the interbank market to meet similar demand for dollars.

Source: Reuters

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