CAIRO, March 6 (Reuters) - Egypt's central bank said it sold 3 billion Egyptian pounds ($1.1 billion) in domestic treasury bills on Sunday and that average yields had risen. The average yield on 3 ...

The Egyptian pound value of one-year T-bills sold on Thursday was significantly higher than at weekly auctions since the start of the year, when the average yield had been between 26.607% and 29.913%.

The pound is trading at about 49.8 against the US currency, its weakest since Egypt let it plunge nearly 40% in a bid to attract foreign funding and stem a two-year economic crisis.

On Thursday, the pound held stable at just above 49 to the dollar, LSEG data showed. JPMorgan also predicts Egypt's inflation will jump by 4% month-on-month in February, but expected it to slow ...

The central bank sold all 2 billion pounds in 91-day T-bills it offered, with the average yield climbing to 11.097 percent from 10.941 percent at an auction last week. ($1=5.8876 Egyptian Pound) ...

The pound has continued to depreciate marginally against the US dollar over the past week and the exchange rate on Friday morning at the Central Bank of Egypt was 50.82 pounds per US dollar.

On the non-deliverable forwards market, the Egyptian pound’s 12-month contract has strengthened more than 17% since the Ras El-Hekma deal was announced, signaling expectations of a smaller ...

Egypt’s pound has weakened more than 6% against the US dollar on the black market over the past week as traders bet on another devaluation amid mounting pressure on the North African nation’s ...

The pound is trading at about 49.8 against the US currency, its weakest since Egypt let it plunge nearly 40% in a bid to attract foreign funding and stem a two-year economic crisis.