Arab Today, arab today the central bank of egypt issues 500m tender
Last Updated : GMT 22:42:22
Arab Today, arab today
Arab Today, arab today

The Central Bank of Egypt issues $500m tender

Arab Today, arab today

Arab Today, arab today The Central Bank of Egypt issues $500m tender

The Central Bank of Egypt
Cairo - MENA

The Central Bank of Egypt (CBE) issues an exceptional tender on Sunday to sell 500 million dollars to banks to help meet import requirements.

Bankers said the sale price of the dollar has not been determined yet

The CBE offers three tenders to sell dollars to banks weekly, on Sunday, Tuesday, and Thursday of each week, in which the dollar price is determined by the CBE and thus in banks and exchange companies.

But this time the value of the tender is bigger than usual to cover needs of imports.

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