Subscribe Register Login

Friday, August 01, 2014, 12:59 a.m.
Top Picks - Capture Arkansas

Conflicting reports of Egypt's central bank governor status

By Arkansas Democrat-Gazette Staff and Wire Reports

This article was originally published December 22, 2012 at 12:55 p.m. Updated December 22, 2012 at 4:20 p.m.

— State television reported early Saturday that Egypt's central bank governor resigned, but the Cabinet later denied the report.

State TV reported the resignation of Central Bank Governor Farouq el-Oqdah. But then it carried a denial by the Cabinet that he had stepped down.

No explanation was given for the conflicting reports, which come after several days of media report that the administration was trying to convince el-Oqdah not to quit his post, at a time when Egypt's pound has been losing value and a crucial deal for a much needed IMF loan of $4.8 billion has been postponed.

Comments on: Conflicting reports of Egypt's central bank governor status

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

TOP JOBS

  • Substitute teachers

    now hiringthe North Little Rock School District is recruitin...
    LITTLE ROCK, AR

  • Veterinarykenneltech

    receptionist & veterinary assistantexp. preferred. Must be w...
    JACKSONVILLE, AR

  • Teacher

    vantage point of northwest arkansas Is seeking qualified app...
    FAYETTEVILLE, AR

  • Billing/collections coordinator

    Living Hope Southeast Now hiring a for the Little Rock Offi...
    Little Rock, AR

  • Concrete finishers

    top pay Form Carpenters Laborers Apply in person bass comme...
    Little Rock, AR

Search 913 jobs >

Top Picks - Capture Arkansas
Arkansas Online