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USD nudges down against EGP

by Aya El Sayed

The Central Bank of Egypt (CBE) noted a slight drop in the average exchange rates of the US dollar (USD) against the Egyptian pound (EGP) on Monday.

According to the official data from the foreign exchange market, the average buying rate was recorded at 47.14 EGP, while the average selling rate was at 47.24 EGP, as reported on the CBE’s website.

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