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Central Bank issues renewed warning to keep data private
The Central Bank of Egypt announced the approval of electronic approval and digital authentication as alternatives to manual signatures, following the decision to keep the interest rate unchanged at its meeting today. This move is part of digital identity regulations aimed at enhancing transparency and security, especially after the decision to maintain the interest rate, which impacted the dollar exchange rate and the prices of certificates at Bank of Egypt. The text does not include details about any other direct effects on the currency market or the outcomes of the rate hold.
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