CAIRO (Reuters) – Egypt's central bank might provide $ 50 million to banks about Wednesday at its 18th auction of foreign exchange and another, earlier unscheduled auction about Thursday. The bank introduced the program of standard auctions of U.S. $ late last year because element of moves to avoid an outright currency crisis motivated by the financial fallout of 2 years of violence plus political unrest. The central bank had mentioned it might hold auctions about Monday plus Wednesday this week inside a statement generally taken to imply it might cut the frequency of auctions to 2 per week from 3. …
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