Egypt central bank governor quits amid inflation rise

The move – which triggered a sell-off of government bonds – comes one day before the monetary policy committee is expected to raise interest rates

The governor of 's central bank, Tarek Amer, has resigned more than a year before the end of his second term in office.

The move – which triggered a sell-off of government bonds – comes one day before the monetary policy committee is expected to raise interest rates.

Mr Amer said he was stepping down to give others the opportunity to continue the successful development under President Abdel Fattah al-Sisi, who accepted his resignation.

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