EGP dips against USD in early Thursday trade

The Egyptian Pound (EGP) experienced a slight decline against the US Dollar (USD) at the market open on Thursday, May 16, 2024.

The National Bank of Egypt, Banque Misr, and Banque du Caire set their exchange rates at EGP 46.84 for buying and EGP 46.94 for selling.

Meanwhile, QNB ALAHLI, the Commercial International Bank (CIB), and the Arab African International Bank maintained their rates at EGP 46.84 for buying and EGP 46.94 for selling.

The United Bank adjusted their rates to EGP 46.80 for buying and EGP 46.90 for selling, while the Abu Dhabi Islamic Bank set their rates at EGP 46.94 for buying and EGP 47.04 for selling.