The Egyptian pound weakened to close at 50.0024 to the dollar, having breached the 50 pound barrier for the first time since March, Egypt's central bank said on Thursday.

The Egyptian pound exchange rate rose slightly by 1.84 percent on Thursday, reaching EGP 50.98/$1, up from EGP 50.06/$1 on 5 December, according to the Central Bank of Egypt (CBE). The CBE ...

The Egyptian pound weakened to close at 50.0024 to the dollar on Thursday, having breached the 50 pound psychological barrier for the first time since March, Egypt’s central bank said.