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Foreign-currency trading on Egypt's interbank system has climbed to $14.5 billion since the November 2016 decision to float the currency, central bank Governor Tarek Amer told Bloomberg.The lifting of the currency controls halved the pound's value against the dollar, but also paved the way to secure a $12 billion International Monetary Fund loan that boosted investor confidence in an economy that had struggled since the 2011 ouster of President Hosni Mubarak.The continued growth in activity in the interbank market comes as foreign holdings of Egyptian Treasury bills have stabilized around $19.5 billion over the past two months.
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