CBE Offering $ 1.3 bln Exceptional FX Auction Wednesday

The Central Bank of Egypt (CBE) has announced yesterday 3/9/2013 that it will be holding an exceptional dollar $ 1.3  billion Forex FX Auction for the banks which operating in the banking sector today Wednesday, so as to provide all the outstanding requests of banks to provide the basic needs of citizens.

This is the third non-periodic FX Auction for the CBE after it has raised two Auction valued at $ 1.4 billion within the last April and May.