The Central Bank of Egypt (CBE) kept the pound stable at EGP7.7301 against the dollar at an exceptional auction on Sunday for the sale of USD500 million to cover imports of strategic goods, bankers said, pumping more foreign exchange into an economy that has been starved of dollars. A CBE official told Reuters earlier the purpose of the auction was to cover imports of strategic goods. The central bank announced the results of the auction, saying the cut-off price was 7.7301 pounds to the dollar but it did not say how much exactly was sold, apart from the auction announcement of USD500 million earlier in the day. Not all bankers received the full amounts that were requested, bankers told Reuters. (Reuters)