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Egypt secures IMF deal after pound plunge, bumper rate hike
The currency weakened to beyond 50 Egyptian pounds to the dollar – far beyond previous records – from about 30.85 pounds, a level Egypt has for months tried to defend. It closed at 49.4 to the ...
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USD/EGP exchange rate stays above EGP 50 on Wednesday
The dollar rate registered EGP 50.26 for buying and EGP 50.36 for selling in the National Bank of Egypt (NBE) at 2:12 pm ...