Arab Finance: The Egyptian pound strengthened significantly against the USD on Wednesday, trading at EGP 49.46 for buying and EGP 49.56 for selling at Banque Misr at 1:47 PM.

At the National Bank of Egypt (NBE), the exchange rate hit EGP 49.46 for purchasing and EGP 49.56 for selling at 1:33 PM.

The USD recorded EGP 49.46 for buying and EGP 49.56 for selling at the Commercial International Bank Egypt (CIB).

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