Banks' investments in treasury bills fall 12 to register 642 billion pounds in April – tomorrow's money tomorrow's money

The monthly reports published by the Central Bank show a decline in the volume of investments of banks operating on the Egyptian market in April of 1.2% to reach 642, 03 billion pounds, against 650 billion pounds in the previous March. The latest monthly reports from the central bank showed that existing government treasury bill balances rose 0.07 percent in April to 1.213 trillion pounds. Public bank investments in Treasury bills amounted to LE 326.59 billion in April, private bank investments to LE 271.97 billion, specialized banks investment volume to 12.67 billion and foreign bank investments in treasury bills at $ 30.8 billion. Month. Foreign investment in existing government treasury bills declined 1.3% to 375.5 billion pounds in April, from 380.3 billion pounds in March, the first drop this year. A decline of 3.1% in December to record 320 billion pounds,