Egypt's cabinet on Saturday denieda report that central bank governor Farouk El-Okdah had resigned.
After a long period of speculation that the governor wanted to leave his post, state television had said Okdah had quit and his former deputy, Hisham Ramez, had been appointed to the post.
"It is not true," cabinet spokesman Alaa Hadidi told Reuters when asked about the reported resignation. "I am officially denying it."
Okdah and his former deputy had helped steer the central bank during last year's uprising that ousted former president Hosni Mubarak and worked to keep the Egyptian currency relatively stable despite the political turmoil.
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