520 |
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|b We have addressed in this study, a review of the mechanism bidding dollar rotating by the Central Bank of Egypt put them to work in the financial market as of the end of December in 2012. as a means to treat located in the US currency deficit, which suffered from Egypt in the period following the political tensions that passed out the country with effect from the year 2011, and which still suffers Egypt effects present to this day, was that the study dealt with a presentation of the different foreign exchange levels located in the central bank coffers over the period that followed the political and economic tensions, and even before that specifically two years, and show us the extent of variation of this size Because of these events. As we approached a statement of the most important goals inspirations banking sector Egyptian from behind the application of those under study the mechanism ,which was the most important to maintain the balance of foreign exchange ,and even attempt to rationalize its use as much as possible ,also reviewed the quantity and size of the periodic bidding and special was launched from the beginning of work that mechanism until August of.2014 In the end ,the researcher assessed the mechanism of bidding the dollar .through a review of the most important positive and negative effects of the application of such a mechanism .which was headed to work on the control and stability of the foreign exchange market in Egypt and try to restrict as much as possible on the black American currency market ,in order to restore the balance between the Egyptian and American currencies .and in spite of these positives .however .the mechanism put forward have had many of the negatives that resulted from the application ,and was led by the disappearance of dollar interbank market.
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