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Dollar Exchange Rate Today in Banks.. Relative Stability Against the Egyptian Pound

Economics Department•Archive•51,200 reads
Dollar Exchange Rate Today in Banks.. Relative Stability Against the Egyptian Pound

The Dollar records 50.46 EGP for buying and 50.56 EGP for selling in most banks operating in the market.

Dollar exchange rates witnessed relative stability against the Egyptian pound in today's transactions, recording 50.46 EGP for buying and 50.56 EGP for selling in a number of banks.

Analysts attribute this stability to the improvement in foreign exchange proceeds from the tourism sectors, remittances from Egyptians abroad, and the Suez Canal.

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