Business & Finance
Egypt central bank sells $37.8mn at forex auction
CAIRO: Egypt's central bank sold $37.8 million to banks at a foreign exchange auction on Monday, slightly less than th
CAIRO: Egypt's central bank sold $37.8 million to banks at a foreign exchange auction on Monday, slightly less than the $40 million on offer, with the cut-off price coming in at 6.7082 Egyptian pounds to the dollar.
The cut-off price at the previous auction, held on Thursday, was 6.7043 pounds to the dollar.
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