Egypt moves to safeguard bank deposits
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Egypt moves to safeguard bank deposits

Egypt moves to safeguard bank deposits

Egypt's central bank has announced that it was taking all steps needed to safeguard deposits in Egyptian banks whether denominated in local or foreign currencies, in response to what it said were market rumours, Reuters has reported. "The central bank of Egypt is taking all necessary steps and measures to preserve the stability and security of the banking sector in Egypt and depositor funds," the bank said.

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