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At the end of Tuesday’s transactions, the Central Bank of Egypt (CBE) released the average closing exchange rates for the US dollar (USD) in comparison to the Egyptian pound (EGP).
As per the CBE’s website, Egypt’s major banks recorded a USD buying rate of EGP 48.36 and a USD selling rate of EGP 48.46.
These rates indicate a slight decline from Monday, as the buying rate was EGP 48.37 and the selling rate was EGP 48.47.
