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Egyptian concessions on foreign currencies now at LE8 billion - Vimarsana News

Egyptian concessions on foreign currencies now at LE8 billion

Three exchange companies affiliated with Egypt's largest government banks - the National Bank of Egypt (Al-Ahly Exchange), Banque Misr (Misr Exchange), and the Banque du Caire (Cairo Exchange) - revealed that their foreign exchange collections had risen to about eight billion LE, since the liberalization of the exchange rate.