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Friday, July 27, 2018 05:45 am Economist Ahmed Kjuk, Deputy Minister Finance, the exit of some foreign investors from investment in government debt instruments Treasury bills and bonds in the Arab Republic Egypt is normal, in the context of higher interest rates in other countries.
The COIC said at a press conference on Thursday that these foreign investments were beginning to return to the domestic market recently, pointing out that they had risen to about $ 17.5 billion.
The Deputy Minister explained that the Arab Republic of Egypt represented by the Ministry and the Central Bank, handles this issue very professionally and does not place these investments in foreign exchange reserves, to manage the risks of exit.
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Source: Egyptian today
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