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Foreign cash flows hit $24.7B since Jan.: CBE

Tuesday 14/May/2019 - 08:34 PM
Sada El Balad
Edited by: Mohamed Emad

The Central Bank of Egypt (CBE) said Monday foreign cash flows from different sources have hit a record، registering $24.7 billion since January.

A CBE official source said the US dollar exchange rate has declined by about EGP 0.84 since the beginning of 2019، supported by foreign cash flows.

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