Egypt's Central Bank headquarters are seen in downtown Cairo, Egypt, March 22, 2022. REUTERS/Mohamed Abd El Ghany

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.

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

Tags : EgyptForex market
Adewale Adenrele

The author Adewale Adenrele

Journalist, PR, Researcher, Tourism& Cultural promoter, Social commentator. Correspondent @Africandevmag

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