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New liquidity of Egyptian central bank worth 900 million pounds
Egypt, Economics, 8/5/1999
The Egyptian central bank brought new liquidity in the market valued at 900 million pounds to repurchase the bonds of general budget from banks, within the framework of the plan of Egyptian central bank to add liquidity in Egyptian banks. The central bank suggested new liquidity on last Monday and Sunday valued at L.E. 1.6 billion, in addition to L.E. 900 million that will arrive at the market on Saturday, bringing the total liquidity to L.E. 3.4 billion.
Previous Stories:
Egyptian foreign debts reduced
(8/2/1999)
French bank buys share in Egyptian bank
(7/31/1999)
Citibank expands banking services in Egypt
(7/14/1999)
15 percent reduction in Egypt's European debts
(7/9/1999)
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