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Foreign Cash Flows Hit $24.7 Bln Since Jan. – CBE

Source: www.export-egypt.com 5/14/2019, Location: Africa

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The Central Bank of Egypt (CBE) said foreign cash flows from different sources have hit a record, registering $24.7 billion since January.

A CBE official source said the US dollar exchange rate has declined by about EGP 0.84 since the beginning of 2019, supported by foreign cash flows.

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