The Supply Ministry will communicate with FX bureaus every day to determine the market FX rate and notify the CBE and domestic media of it, Supply Minister Khaled Hanafy says. This is to prevent currency speculation and to communicate market information to importers, Hanafy explained. The efforts are aimed at stabilising the exchange rate and instating a stable mechanism to buy and sell USD. The head of the FX bureau chamber reiterated calls to build an interbank channel between banks and the registered bureaus to halt any smuggling activities. He also called on the CBE to allocate part of its FX auctions to the bureaus. (Al Ahram, Shorouk)