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Dollar hits record above 55 pounds
The price of the US dollar jumped against the Egyptian pound to exceed 55 pounds during today's trading sessions, with levels in five banks ranging between 55.12 and 55.22 pounds. The increase was between 59 and 79 piasters compared to the start of trading. This brings it close to its all-time high against the pound, while the financial market continues to monitor the impact of the rising US currency on the Egyptian economy.
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