2022-09-22

A circular dated September 22, 2022 regarding increasing the reserve ratio from 14% to 18%

Cairo, September 22: The Governor of the Central Bank of Egypt stated that the Board of Directors decided on several issues including: 1. Increasing the reserve cash ratio from 14% to 18%. 2. This decision is applicable from October 4 to October 17, based on the average percentage, which ranges between 6-19 September. 3. Continuing the decisions of the Central Bank's Board of Directors regarding the reserve cash ratio.

Egypt

Central Bank of Egypt

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