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The governor of Egypts Central Bank Faruq El-OkdaCAIRO: The governor of Egypt's Central Bank, Faruq El-Okda, resigned on Saturday, state television reported, after days of speculation that he would step down for health reasons.

 

State television reported that Okda, the bank's head since 2003, might be replaced by his deputy, Hisham Ramez. It did not say why he had stood down.

 

Copyright AFP (Agence France-Presse), 2012

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