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Egyptian pound remains stable on June 8

Egyptian pound remains stable on June 8

The dollar exchange rate against the Egyptian pound steadied at approximately 51.76 pounds for buying and 51.86 pounds for selling, according to the latest data from Egyptian banks. Meanwhile, Egypt's foreign exchange reserves reached a record high of $53.134 billion in May 2026, an increase of $125 million compared to April. This comes as part of efforts to support the stability of the local currency and improve foreign exchange inflows into the market.

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