Central Bank Withdraws 964.4 Billion Pounds in Liquidity via Open Market Tender
Egypt’s Central Bank withdraws Liquidity Worth EGP 964.4 Billion in Open Market tender In a significant move to manage liquidity, the Central Bank of Egypt recently withdrew EGP 964.4 billion through an open market tender. This operation, conducted on Tuesday, saw all applications submitted by 27 banks accepted at an interest rate of 27.75%. … Read more
