EGP hits new lows vs. USD at Monday’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 Monday, December 9, 2024.

According to the CBE’s website, the USD buying rate stood at EGP 50.46, while the selling rate was EGP 50.56 per dollar, compared to EGP 50.18 for buying and EGP 50.28 for selling on Sunday.

Attribution: CBE

Subediting: M. S. Salama

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