Egypt Takes Steps to Boost Forex Reserves with $1 Billion Treasury Bill Auction
Egypt's Efforts to Stabilize the Economy On February 5th, the Central Bank of Egypt (CBE) announced its plan to hold an auction for dollar-denominated treasury bills (TB) worth $1 billion. This initiative is part of the CBE's ongoing efforts to stabilize Egypt's teetering economy. The primary objective of the TB auction is to alleviate the […]
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