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CBE Offers US$ 75 Mln To Local Banks On Sunday FX Auction
Radwa Published in Amwal Al Ghad on 20 - 01 - 2013

The Central Bank of Egypt (CBE) offers US$ 75 million to local banks on Sunday at its 12th FX auction, with a maximum of US$11 million for each bank.
The total amount that CBE has offered since launching the new system in December 30th 2012 reached US$ 820 million.
CBE will conduct two auctions on Sunday and Tuesday and will cancel its auction on Thursday which will correspond with “Al-Moled Al-Nabawi" (Birthday of Prophet Mohammed) as it is an official public holiday.
The total amounts that CBE has offered in 12 FX auctions are as follows:
Date
Value In Million US Dollar
Sunday, December 30th, 2012
75
Monday, December 31th, 2012
75
Wednesday, January 2nd, 2013
75
Thursday, January 3rd, 2013
75
Sunday, January 6th, 2013
60
Tuesday, January 8th, 2013
60
Wednesday, January 9th, 2013
50
Thursday, January 10th, 2013
50
Sunday, January 13th, 2013
75
Tuesday, January 15th, 2013
75
Thursday, January 17th, 2013
75
Sunday, January 29th, 2013
75
Total Value
820

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