Egypt median overnight interbank near steady at 8.7625 percent

29 Oct, 2007

The median overnight interbank rate on the Egyptian pound was near steady at 8.7625 percent on Sunday compared to 8.758 percent on Thursday in the absence of significant auctions, traders said. "It is liquid. There are no deposit auctions," one dealer said of the rates, which were still higher than they have typically been in recent months.

Read Comments