#featured
The Egyptian pound weakened further on Tuesday, 31 March, as the US dollar continued to hover close to the EGP 55 level in parts of the banking system, with regional tensions and broader pressures on trade supply chains weighing on market sentiment. Data compiled from several banks at the close of business showed the dollar trading at up to around EGP 54.8 for buying and EGP 54.9 for selling at institutions including Suez Canal Bank and National Bank of Kuwait,…
