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View Full Version : Egypt Reserve-Ratio Cut Not Enough to Satisfy Needs: Arab Credit - Bloomberg



NewsWhore
05-29-2012, 06:20 PM
Egypt Reserve-Ratio Cut Not Enough to Satisfy Needs: Arab Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEmrNnwRTY5ztB-Yu2nAVziM0zObQ&url=http://www.bloomberg.com/news/2012-05-29/egypt-reserve-ratio-cut-not-enough-to-satisfy-needs-arab-credit.html)
Bloomberg
Egypt's move to cut banks' reserve requirements is unlikely to be enough to meet the nation's local-currency needs as a divisive presidential vote deters foreign investors, HSBC Holdings Plc and BNP Paribas Egypt said. The central bank will lower the ...

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