24 Hrs
Source:
بوابة الفجر
_1777352244987_250242181.png&w=48&q=75){kind=small}
_1777352142843_145525226.png&w=48&q=75){kind=small}
Hassan Abdel Allah reappointed as Acting Governor for a year
It has been decided to renew Hassan Abdel Ghaffar's appointment as Acting Governor of the Central Bank of Egypt for a one-year term starting from August 18, 2026, aimed at maintaining monetary policy stability and supporting the stability of the banking sector amidst both local and international economic changes. The bank focuses on managing inflation and interest rate files, while monitoring the foreign exchange market and foreign currency flows to ensure the stability of the Egyptian pound and enhance the competitiveness of the Egyptian economy. This decision provides the bank with leadership continuity, contributing to the balanced implementation of monetary and fiscal policies, with expectations of continued monetary policy arrangements and increased market confidence in the upcoming period.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)