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Egypt’s Dollar Price Jumps Sharply in Mid-Session Trading
Egypt and global economy brief

Egypt’s Dollar Price Jumps Sharply in Mid-Session Trading

Key takeaways
  • The dollar rose by about 40 piastres against the Egyptian pound in Monday’s bank trading.
  • The highest selling price reached EGP 51.80 at Industrial Development Bank and Al Ahli Bank of Kuwait.
  • Markets are awaiting the US Federal Reserve’s interest-rate decision on Wednesday.
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