Cairo – Mubasher: Egypt will keep its customs exchange rate unchanged at EGP 16 per US dollar for September, finance minister Mohamed Maait said.
The price of the customs dollar hovers around 90% of its common price in banks across the country, the minister added.
On 1 August, the Ministry of Finance (MOF) announced that the customs exchange rate would remain stable at EGP 16 for August.
Egypt targets a USD rate of EGP 17.25 in fiscal year 2018/2019, versus EGP 16 in FY17/18.
