Egypt’s central bank chief resigns, named presidential advisor

“President al-Sisi expressed his gratitude for the efforts exerted by Amer and accepted his apology for not continuing in the post,” the statement said, adding a presidential decree was issued for appointing him as an advisor to the president.

Amer served as the governor of the Central Bank of Egypt (CBE) since 2015.

The resignation of Amer came one day before a periodic meeting of the CBE’s Monetary Policy Committee to discuss the fate of the basic interest rates.

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