Cairo - Mubasher: The Central Bank of Egypt maintained the pound unchanged at 7.73 per dollar in an auction held Tuesday.
The bank sold $39.4 million to banks in its regular dollar sale auction. It had offered $40 million.
Earlier, CBE said it fully paid $547.2 million outstanding orders by foreign portfolio investors, and thus clearing its pending backlog.
Last November, CBE allowed the Egyptian pound, for the first time in 2015, to rise by EGP 0.20 to reach 7.7301 per dollar.
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.
