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US dollar stable at 52 pounds in Egypt
The US dollar exchange rate in Egypt settled at around 52 pounds in banks, with a relative balance between supply and demand. Both government and private banks maintained their prices, with rates averaging approximately 51.93 pounds for buying and 52.00 pounds for selling in most banking institutions. The dollar remains the most influential currency in the Egyptian market due to its link to import activities and commodity prices, amid anticipation of potential economic developments that could impact the exchange rate.
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