ALBAWABA- The Central Bank of Egypt and its Emirati counterpart have inked a bilateral agreement for local currency exchange. The swap, valued at "5 billion Emirati dirhams for 42 billion Egyptian pounds" (equivalent to 1.36 billion dollars), was reported by the Emirates News Agency " WAM ." Khaled Mohammed Al-Tamimi, Governor of the Central Bank of the UAE, highlighted the agreement's potential for economic and financial market development between the ...