Egypt Central Bank lowers reserve requirement on deposits
The new ratio is effective starting on June 26, the bank said on its website. On March 20, it announced it was reducing the ratio to 12 percent from 14 percent.
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The new ratio is effective starting on June 26, the bank said on its website. On March 20, it announced it was reducing the ratio to 12 percent from 14 percent.
May 27, 2012 5:19The average yield on 182-day Egyptian treasury bills rose to its highest in at least a decade at an auction…
May 20, 2012 9:27The average yield declined on 273-day treasury bills auctioned by Egypt's central bank on Sunday, the Ministry of Finance said, and strong recent buying of the same tenor on the secondary market suggest investors see further declines.
April 2, 2012 8:57Any decision by the United Arab Emirates to include the Chinese yuan into the UAE central bank's official foreign currency reserves would be the result of a long-term process, the bank's head said on Friday.
March 24, 2012 3:46