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31 May, 2023
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Tag: Egyptian pound

Egypt: Central Bank Has No Plan to Devaluate Currency

February 17, 2016 Peter Mulvany

A source at the Central Bank of Egypt (CBE) has ruled out plans to devalue the country’s currency as the state continues to struggle with meeting the demands of businessmen through tri-weekly US dollar auctions while balancing foreign reserves. Investment Read more

Finance, Headlines, World NewsCBE, central bank, Central Bank of Egypt, EGP, Egypt, Egyptian pound, inflation

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