Skip to content
Central Banks

Egypt Central Bank Governor Resigns Day Before Rates Meeting

  • Derivatives traders add to bets for a weaker currency
  • Amer becomes presidential adviser, successor not yet named
Tarek Amer

Tarek Amer

Photographer: Al Drago/Bloomberg
Updated on

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Egyptian central bank Governor Tarek Amer resigned, a shock decision one day before an interest-rate meeting and with pressure mounting on the currency.