Cairo — Egypt's central bank kept the Egyptian pound steady at 7.73 pounds to the dollar for the second time on Thursday's foreign exchange auction, after depreciating it twice in a week.
The pound has dipped by 20 piastres since last Thursday, when it weakened to 7.63 pounds to the dollar, against 7.53 pounds. The central bank depreciated it again on Sunday's state auction, standing at 7.73 pounds to the dollar.
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