Egypt Cabinet Denies Central Bank Chief Resigns
[An Nahar] Egypt's cabinet denied on Saturday that the country's central bank head had stepped down, state television
... and if you can't believe state television who can you believe?
said, hours after reporting Faruq El-Okda's resignation.
There was no immediate explanation for the conflicting reports.
The press had speculated for days that El-Okda would resign for health reasons.
Posted by: Fred 2012-12-23