Egypt's central bank's reserves are strong, banks are liquid and any capital flight by foreign investor "hot money" will be short-lived, the deputy governor said on Saturday, adding banks would stay closed on Sunday.

The comments follow five days of political unrest and protests calling for President Hosni Mubarak to quit.

"All the accounts are safe. The liquidity is there. The banks are liquid. The customer accounts are safe. Everything is in order. We have no problem," Central Bank Deputy Governor Hisham Ramez told Reuters.

"We are ready. Our reserves are very strong. We have no problem," he said of the bank's reserves which stood at $36 billion at the end of December. He also said the bank did not intervene in the currency market in the past week. – Reuters