50 euros in pounds

Xe Currency Converter. These are the highest points the exchange rate has been at in the last 30 and day periods. These are the lowest points the exchange rate has been at in the last 30 and day periods, 50 euros in pounds. These are the average exchange rates of these two currencies for the last 30 and 90 days.

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50 euros in pounds

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Egypt's pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by points and devalued the currency. The Egyptian pound was trading at roughly 50 to the dollar following the announcement, from The country's key interest rate now stands at The development "shows that policymakers are committed to the turn back toward economic orthodoxy. Egypt, the Arab world's most populous country at roughly million people, is facing a protracted shortage of foreign currency. Cairo has in previous instances pledged to let its currency trade more freely, but would still step in to control the pound when it fell. They forecast inflation reaching around

50 euros in pounds

This was towards the lower end of what some analysts expected. The currency weakened to beyond 50 Egyptian pounds to the dollar - far beyond previous records - from about It closed at Egypt has in the past said it would shift to a more flexible exchange rate, only to return to closely managing the currency whenever the pound weakened. Analysts say doubts remain over commitment to structural reforms that have been repeatedly dodged, including reducing the sprawling economic interests of the state and the military. The central bank said it had raised the overnight lending rate to Central bank governor Hassan Abdalla told reporters that as in other countries, the bank would still have the ability to intervene if there were "illogical movements" in the currency.

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Xe International Money Transfer. Whether you're converting money into different currencies, transferring between countries, or spending like a local while abroad — Revolut has you covered. Other popular conversions. Our current rate. Convert British Pound to Euro. Join Revolut, and save on international transfers. Additional fees. Send smarter with Revolut. See our fees page for more details. View charts. Need to know when a currency hits a specific rate? These are the average exchange rates of these two currencies for the last 30 and 90 days. Fees are subject to change, but are always displayed in your Revolut app. These are the highest points the exchange rate has been at in the last 30 and day periods. These percentages show how much the exchange rate has fluctuated over the last 30 and day periods.