Qatar's deposits at Egypt's central bank doubled to $4bn

  • Qatar: Wednesday, January 09 - 2013 at 03:29

Qatar has doubled its deposits at Egypt's central bank to $4bn, helping ease a currency crisis as the Arab world's most populous country waits to resume loan talks with the International Monetary Fund, Bloomberg has reported. Qatari premier Sheik Hamad bin Jassim al-Thani said those funds have been transferred, and $500m of new grants also delivered to Egypt. "We don't announce except after doing," he said.

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