February 11, 2013 / 10:26 AM / in 5 years

Egypt c.bank sells $37.8 mln at forex auction

CAIRO, Feb 11 (Reuters) - Egypt’s central bank sold $37.8 million to banks at a foreign exchange auction on Monday, slightly less than the $40 million on offer, with the cut-off price coming in at 6.7082 Egyptian pounds to the dollar.

The cut-off price at the previous auction, held on Thursday, was 6.7043 pounds to the dollar.

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