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CBE to pump $40 million to banks in periodic dollar bid
Yara Sameh Published in Albawaba on 15 - 03 - 2016

Central Bank of Egypt (CBE) will pump Tuesday about $ 40 million to banks operating in the domestic market in a periodic dollar bid, Youm7 News reported Tuesday.
CBE had given the banks operating in the domestic market $ 11.6 billion over the past 3 months to cover demand for importing commodities and raw materials and to pay the dues to foreign investors in the Egyptian capital market.

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