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View Full Version : Egypt Cuts Bank Reserve Ratio With Yields Near Record Low - Bloomberg



NewsWhore
05-27-2012, 08:41 AM
Egypt Cuts Bank Reserve Ratio With Yields Near Record Low (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFtmbn16rtwnWtlx2cOKBO19d7uaQ&url=http://www.bloomberg.com/news/2012-05-27/egypt-cuts-bank-reserve-ratio-with-yields-near-record-low.html)
Bloomberg
Egypt cut the local-currency reserve requirement for banks to 10 percent today, the second reduction this year, to free up funds for lenders as government debt yields climb to near-record levels. The central bank lowered reserve ratio from 12 percent ...

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