EGP falls in parallel market following bureaus’ meeting with CBE
The USD-EGP retreated nearly c1% in parallel market trading to EGP8.65/71, following a meeting between representatives of foreign exchange bureaus and Deputy Governor of Central Bank of Egypt, state-owned Al-Ahram reported. The meeting, attended by 25 FX bureaus, aimed to liaise efforts between the CBE and the FX bureaus in order to ensure stability and discipline in the FX market, the paper wrote. (Al Ahram)
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