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الشرق
Egypt experiences sharp dollar drop
The US dollar exchange rate against the Egyptian pound declined during Monday morning trading, dropping by more than one pound in some banks compared to yesterday's closing levels. In some banks, it was around 50 pounds compared to 51.07 pounds yesterday, following global geopolitical developments, market responses after the United States and Iran announced their agreement, and the opening of the Strait of Hormuz to navigation.
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