Egypt and global economy brief
Egypt’s dollar rate jumps to a three-month high
✦Key takeaways
- The dollar rose by about 50 piastres at Monday’s close to reach EGP 51.99 at Abu Dhabi Islamic Bank, Al Masraf Al Motahed and Egyptian Gulf Bank.
- The rate approached its highest level in three months; the previous high was EGP 51.91 to buy and EGP 52.01 to sell on June 11.
About this coverage
RE provides a concise attributed brief to help you follow important developments. The original reporting and full details remain with the publisher.