| The Egyptian pound held steady at an official auction on Sunday but strengthened on the black market after the central bank last week supplied the market with foreign currency and eased restrictions on dollar deposits and withdrawals.
The central bank held the pound steady at 7.7301 pounds per dollar, selling $38.8 million, at Sunday's official auction. On the black market, the pound strengthened to 9.25-9.30 pounds per dollar from 9.60-9.65 pounds on Thursday, three traders told Reuters, without revealing trade volumes...............................................Full Article: Source
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