Future contracts for EGP drop to 12-month EGP 44.4 against USD

Updated 4/18/2023 11:06:00 AM
Future contracts for EGP drop to 12-month EGP 44.4 against USD

Arab Finance: The future contracts for the Egyptian pound for 12 months plunged by more than 4% against the US dollar to EGP 44.4, Asharq Business reported on April 18th.

The price of Egypt's local currency in the spot market is just below EGP 31 per USD.

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