Egypt's Central Bank Leaves Currency Unchanged At Dollar AuctionSource: www.export-egypt.com 11/1/2016, Location: Africa |
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 Egypt's central bank has kept its currency stable at its weekly dollar auction, bankers said, holding the rate at 8.8 pounds per dollar.
Speculation has been mounting that the central bank would devalue its currency amid a rapidly weakening rate on the black market, which exceeded 18 pounds to the dollar. |
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