EGP closes slightly high vs. USD on Monday

By Aya El Sayed On Aug 19, 2024

The Egyptian Central Bank offices in Cairo, Egypt (AP).

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 Monday.

According to the CBE’s website, the USD’s buying rate stood at EGP 48.73 and the selling rate at EGP 48.83 versus the dollar.

This represents a minor rise from Sunday’s rates, when the dollar was trading at EGP 48.76 for buying and EGP 48.86 for selling.

Attribution: Central Bank of Egypt (CBE)

Subediting: M. S. Salama

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