24 November 2017 08:12 PM

CBE Governor: Volume of foreign currencies inflow entered Egypt since floating of LE hit $80bn

Tuesday، 14 November 2017 - 01:14 PM
CBE Governor: Volume of foreign currencies inflow entered Egypt since floating of LE hit $80bn

 

The ministerial economic committee was held on Monday 13/11/2017 under Prime Minister Sherif Ismail.

 

On his part, Central Bank of Egypt (CBE) governor Tareq Amer said, in press statements following the meeting in question, that we are working on reducing the inflation rates to 13% mid next year.

 

Amer went on to say that the total volume of foreign currencies' inflow that entered Egypt since the floating of the Egyptian pound amounted to $80 billion.

 

On the other hand, the committee previewed all efforts exerted to develop the Grand Egyptian Museum project.

MENA


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