Egypt central bank offers $40 Mln at Monday forex auction

Monday, February 11, 2013 11:32 AM 
Central Bank of Egypt -Reuters

CAIRO, Feb 11 (Reuters) - Egypt's central bank said it would offer $40 million to banks on Monday at its 20th auction of foreign currency.

The maximum value of the three bids each bank will be allowed to submit could be no more than $6 million, it said.

It also said it would hold foreign exchange auctions on Wednesday and Thursday. (Reporting by Asma Alsharif; Editing by Jon Boyle)

This content is from : Reuters
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