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Arab Finance – The Central Bank withdraws 992 billion pounds from the surplus liquidity provided by banks

staff correspondent
By staff correspondent
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The Central Bank withdraws 992 billion pounds from the surplus liquidity provided by banks

Arab Finance: The Central Bank of Egypt withdrew 992.45 billion pounds of excess liquidity from banks through a fixed-price tender held on November 5, according to For data Central Bank.

The Central Bank accepted offers submitted by 27 banks at a fixed interest rate of 27.75%.

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