EGP closes high vs. USD on Wednesday

By Aya El Sayed On Aug 21, 2024

EGP dips vs. USD in Wednesday's early trade

The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian pound (EGP) at the end of trading on Wednesday.

According to the CBE’s website, the USD’s buying rate stood at EGP 48.75 and the selling rate at EGP 48.85 versus the dollar.

This represents a decline from Tuesday’s rates, when the dollar was trading at EGP 48.82 for buying and EGP 48.92 for selling.

Attribution: Central Bank of Egypt (CBE)

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