Dollar in Egypt surpasses 50 pounds again
The price of the US dollar in Egypt increased again today, surpassing the 50-pound level in some banks, following a temporary decline at the start of trading. The dollar rate at the National Bank of Egypt was approximately 50.17 pounds for buying and 50.27 pounds for selling, while at the National Bank of Qatar (QNB), it was around 50.15 pounds for buying and 50.25 pounds for selling. Additionally, the International Monetary Fund approved new financing for Egypt totaling $1.8 billion, including $1.5 billion after reviewing the Extended Fund Facility program and $272 million under the Resilience and Sustainability Facility program, bringing the total funds to approximately $7.3 billion to support economic reform and financial stability.
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