Sunday, April 14, 2013

Reuters: US Dollar Report: Egypt to hold further special forex auctions

Reuters: US Dollar Report
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Egypt to hold further special forex auctions
Apr 14th 2013, 12:17

CAIRO, April 14 | Sun Apr 14, 2013 8:17am EDT

CAIRO, April 14 (Reuters) - Egypt's central bank will hold further exceptional foreign exchange auctions, it said in a statement on Sunday after launching a $600 million auction to cover strategic imports.

It gave no timing for the future auctions, adding that bidding time for Sunday's auction would be extended until 1230 GMT.

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