The Central Bank of Egypt (CBE) denied Wednesday a rumor that its governor Tarek Amer had tendered his resignation.

Amer will continue his four-year tenure, a statement by the CBE said, adding the governor's mandate and tenure were outlined by the Egyptian Constitution.

The statement noted that the political leadership trusted Amer who would continue his tenure.

Members of the CBE board denounced what they termed "some unethical media practices" and the false news reports that could harm the economy.