Egypt central bank plays active money market role

A new general monetary policy will be applied to push forward the national economy, the Governor of the Central Bank of Egypt (CBE) Mahmoud Abul Eiyoun said Wednesday.

He added that the new policy depends on transparency in management and reconsidering the regulations of the current monetary policy. The policy aims to achieve three main targets: providing accurate and sufficient information at the right time and curbing contradiction and duplication of duties among various departments of the CBE

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