EGP hits historic low of 50 vs USD at Thursday’s close

The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the Egyptian pound (EGP) on Thursday, December 5, 2024.

According to the CBE’s website, the USD buying rate stood at EGP 49.94, while the selling rate was EGP 50.04 per dollar, compared to EGP 49.75 for buying and EGP 49.85 for selling on Wednesday.

Attribution: CBE

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