VOL. XLIV

No 32

6-August-2001

EGYPT

Mubarak Orders Daily Monetary Policy Review

Egyptian President Husni Mubarakannounced on 1 August that he had ordered his government ministers and officialsof the Central Bank of Egypt (CBE) to meet on a daily basis to review thecountrys monetary policy. The Egyptian Minister of Information, Safwatal-Sharif, said that officials would announce clear measures and policies torealize stability in the exchange market for foreign currency, adding thatPrime Minister...