21 Days
Source:
الاقتصادية
Egyptian pound remains stable on June 3
The dollar exchange rate against the Egyptian pound remained stable at approximately 51.81 to 51.83 pounds for buying during today’s transactions, amid continued stabilization of currencies in the Egyptian market. Recently, the pound has shown improvement supported by foreign currency inflows and a decline in external pressures. At the same time, a business survey indicated that Egypt's non-oil private sector continued to contract in May, with companies facing increasing pressure from rising costs and declining demand, along with an accelerated pace of layoffs.
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