EGP to be included on Beni clearing platform

Arab payment platform Beni will include the EGP as a settlement currency following a decision by its proprietor, the Arab Monetary Fund, and the Central Bank of Egypt, the local press reports. The multi-currency platform which is soon to launch will also provide clearing and settlement services in Arab and other international currencies. The fund recently announced the inclusion of the USD and EUR, as well as the Bahraini and Jordanian dinars and the Emirati dirham, as settlement currencies.