Egypt
The US dollar surpassed EGP 55 against the Egyptian pound for the first time on Thursday, 22 October, with selling rates reaching EGP 55.37 at Egyptian banks by the close of business. The dollar’s selling rate reached EGP 55.35 at the National Bank of Egypt (NBE) and Banque du Caire, while Banque Misr listed it at EGP 55.33. Suez Canal Bank also recorded a selling rate of EGP 55.35, while Al Baraka Bank recorded the highest rate among the five…