The Central Bank of Egypt published remarks from Governor Hassan Abdalla delivered at the Annual Gathering of the Egyptian Financial Markets Association in Alexandria, reiterating that monetary policy is focused on curbing inflation and maintaining price stability while supporting monetary and financial stability. The remarks also highlighted efforts to deepen foreign exchange market mechanisms and a banking sector development strategy centred on operational efficiency, technology upgrades and financial inclusion. The Governor emphasised coordination between monetary and fiscal policy to balance macroeconomic stability with economic stimulus and to address regional and international economic challenges. Foreign exchange priorities were framed around enhancing market efficiency, while banking-sector priorities included improving system-wide operational efficiency, upgrading technological infrastructure, expanding financial inclusion and tailoring financial services to different customer segments. In related remarks, ACI Egypt President Omar Khattab pointed to progress in containing inflation and maintaining foreign exchange market stability, and referenced international reserves being sufficient to meet six months of obligations; a subsequent panel involving ACI leadership and Central Bank of Egypt markets and monetary policy officials discussed monetary policy transmission, the level of domestic interest rates relative to inflation and the interest rate outlook against global trends.

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