Cairo - Mubasher: The Central Bank of Egypt maintained the Egyptian pound unchanged at 7.73 per dollar in an auction Sunday, the first dollar auction in 2016.
The bank sold $39.1 million to banks in its regular dollar sale auction.
Earlier, CBE said it paid back $547.2 million worth of obligations owed to foreign investors.
Last November, CBE allowed the Egyptian pound, for the first time in 2015, to rise against the dollar by EGP 0.20 to reach EGP 7.7301
In October, the central bank allowed the pound to depreciate twice against the dollar by around EGP 0.10 to reach a historical level of 7.93 per dollar.
CBE announced earlier that net international reserves reached $16.41 billion at the end of October, up $80 million from $16.33 billion at September-end.
