CAIRO Oct 4 Egypt's central bank will keep the
Egyptian pound stable against the dollar at Tuesday's weekly
auction of foreign currency, bankers said, confounding
expectations of a devaluation that had helped fuel a stock
The Central Bank of Egypt announced on Tuesday that it would
sell its usual ration of $120 million at its weekly sale.
It has yet to announce the rate, which is usually published
at the end of the sale, but bankers said they would be buying at
the existing official rate of 8.78 pounds to the dollar.
(Reporting by Ehab Farouk and Lin Noueihed, editing by Eric