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Asharq Al-Awsat

Business

Cairo - Asharq Al-Awsat

Egyptian Pound Hits Five-Year Low Against US Dollar

Egypt Interest Rates Monetary Policy

The Egyptian pound recorded its lowest level in five and a half years, after falling 0.05% during Monday’s trade. (AFP)

The Egyptian pound dropped to its lowest level in five and a half years, after falling 0.05% during Monday’s trade.

Refinitiv data showed that the pound traded 18.91 to the dollar, down from 18.81 pounds on Sunday.

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