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