Dollar hits four-month high versus pound
The dollar exchange rate against the Egyptian pound rose to its highest level in four months, reaching 52.55 pounds for buying and 52.65 pounds for selling. This occurred amid normal fluctuations in the flexible exchange market, with limited impact from geopolitical tensions on currency demand. There are no indications of a significant outflow of foreign investors. The value of the pound has decreased by about 4% over the past two months due to regional tensions, while the dollar index has risen for the fourth consecutive week, with movement remaining within a range of 49 to 53 pounds.
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