EGP slips against USD in early Sunday trade

The Egyptian Pound (EGP) experienced a downturn against the US Dollar (USD) at the market open on Sunday, May 12, 2024.

The National Bank of Egypt, the Arab African International Bank, Faisal Islamic Bank of Egypt, and the United Bank established their rates at EGP 47.50 and EGP 47.60.

Banque Misr and Banque du Caire set their rates to EGP 47.51 and EGP 47.61, respectively.

Simultaneously, QNB ALAHLI updated their rates to EGP 47.65 and EGP 47.75, and revised their rates to EGP 47.67 and EGP 47.77.

The Commercial International Bank (CIB) kept its rates steady at EGP 47.80 and EGP 47.90.

In a similar move, Abu Dhabi Islamic Bank set its rates to EGP 47.77 and EGP 47.87.