Foreign currency inflows to banking system grow to USD 19.2 bn since EGP float

Foreign currency inflows to the banking system have reached USD 19.2 bn since the EGP was floated in November, the central bank announced, according to Reuters. The central bank also said it provided USD 24 bn since the flotation to finance international trade as well as USD 6.34 bn in trade finance for fuel product imports in 2016, according to Al Borsa.