Banking News Africa

Egypt's central bank taking action to regulate forex market

Egypt's central bank said on Monday it is taking all necessary actions to regulate the foreign exchange market and achieve monetary stability in the near future.
Source: Supplied.
Source: Supplied.

The bank had observed "illegal practices related to the foreign exchange market" and illegal attempts to make quick profits, its statement said.

Source: Reuters

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

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