Sunday, 15 July 2007

Egypt median o/n interbank steady at 8.752 pct

(Reuters) - The median overnight interbank rate on Egypt's pound was steady on Sunday at 8.752 percent, the same as on Thursday, as banks squared their positions toward the end of a two-week reserve ratio period, dealers said.

"This is a periodic trend, especially as the market is still very liquid," one dealer said.


Read more at Reuters Africa

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