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Dollar reaches 52.20 pounds on June 8, 2026
The US dollar exchange rate in the Egyptian market has risen, with most banks recording an increase of between 22 and 46 piastres, bringing it to approximately 52.20 Egyptian pounds for both buying and selling. This increase is attributed to geopolitical tensions and rising oil prices, with expectations that the impact of the U.S. interest rate hike will further influence the dollar's value in Egypt.
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