Cairo – Mubasher: The Central Bank of Egypt announced Tuesday the full payment of all foreign portfolio investors’ outstanding orders totalling $547.2 million.

Thus, the central bank cleared all the pending backlog to date.

The above orders represent balances of foreign investors that opted not to use the central bank’s repatriation mechanism.

The central bank also said in its statement that the existing repatriation mechanism was still active, providing foreign currency liquidity to foreigners investing in government securities and stocks.