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The US dollar exchange rate in Egypt remained steady at approximately 51.86 pounds for buying and 51.97 pounds for selling in banks, with limited fluctuations across different financial institutions. During the first seven months of 2026, remittances from Egyptians working abroad increased by 28.1% to approximately $29.7 billion, up from $23.2 billion in the same period of the previous year. Additionally, July 2026 saw a 20% rise in remittances, reaching $4.5 billion, reflecting steady demand and stability of foreign currency in the Egyptian market.
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