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Egypt: Three exchange companies accumulate over $231mln since liberalisation

Following the liberalisation of the local exchange rate, three major exchange companies linked to the National Bank of Egypt, Banque Misr, and Banque du Caire have collectively garnered over EGP 11.231bn in foreign currencies from 6 March to 6 April. Abdel Medied Mohy El-Din, Chairperson of Al Ahly Exchange, revealed…

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