Home MoneyBanks Foreign holdings in Egyptian treasuries at $16.7 billion – c.bank

Foreign holdings in Egyptian treasuries at $16.7 billion – c.bank

by Ahmed Ali
Egypt's central bank Egyptians central bank

Foreign investors held 276.6 billion Egyptian pounds ($16.7 billion) in Egyptian treasury bills in June from 276.5 billion pounds in May, the central bank said in a monthly report.

Appetite for Egypt’s domestic debt has been growing since the beginning of the year, contributing to the depreciation of the U.S. dollar against to the Egyptian pound.

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