Dollar dips in early post-Eid transactions
The dollar price decreased against the Egyptian pound in four banks by an average of between 8 and 11 piastres during the midday transactions on Monday, June 1, 2026, compared to the beginning of the day. This decline was supported by foreign investors entering the market to buy Egyptian debt instruments such as treasury bills, which increased the supply of the currency and eased pressure on the dollar's rate.
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