EGP averages 47.3 against USD on Thursday close

By Yomna Yasser On May 30, 2024

Egypt's pound dollar — The Egyptian pound and US dollar banknotes are seen in this photo taken on Aug. 25, 2022 (Photo Credit: Khaled Desouki/AFP via Getty Images)

The US dollar (USD) slightly weakened against the Egyptian pound (EGP) at the end of trading on Thursday, according to the Central Bank of Egypt (CBE).
As per the CBE’s website, the buying rate was EGP 47.2271 and the selling rate was EGP 47.3271 on Thursday, compared with the average rates of EGP 47.27 (buying) and EGP 47.37 (selling) on Wednesday.