Petroleum Newsroom
Foreign cash flows hit $24.7B since Jan.: CBE
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CAIRO – 14 May 2019: The Central Bank of Egypt (CBE) said Monday foreign cash flows from different sources have hit a record, registering $24.7 billion since January.
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A CBE official source said the US dollar exchange rate has declined by about EGP 0.84 since the beginning of 2019, supported by foreign cash flows.
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