The Egyptian pound continues its downward performance against the US dollar, recording EGP 29 on Wednesday.

According to the exchange rates reported at the two largest state-run lenders; Banque Misr and the National Bank of Egypt (NBE), the US dollar exchange rate registered EGP 29 for buying and EGP 29.05 for selling, 11:18 am Cairo time.

The dollar in Egypt continued to rise against the pound in recent trading to hit an all-time high.

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