EGP dips marginally vs. USD at Tuesday’s market open

The Egyptian Pound (EGP) experienced a slight decline against the US Dollar (USD) as trading began on Tuesday, July 2, 2024.

The National Bank of Egypt and the Commercial International Bank (CIB) set the exchange rates at EGP 48.20 for buying and EGP 48.30 for selling.

Similarly, Faisal Islamic Bank of Egypt quoted rates of EGP 48.20 for buying and EGP 48.30 for selling.

The Arab African International Bank provided rates of EGP 48.10 for buying and EGP 48.20 for selling.

The United Bank listed rates at EGP 48.25 for buying and EGP 48.30 for selling, while QNB ALAHLI quoted EGP 48.23 for buying and EGP 48.33 for selling.

Attribution: Federation of Egyptian Banks (FEB).