EGP nudges down against USD at market opening on Tuesday

The exchange rate of the US dollar against the Egyptian pound saw a slight increase at the market open on Tuesday, April 2, 2024.

The National Bank of Egypt, Banque Misr, and the Arab African International Bank set their buying and selling rates at EGP 47.20 and EGP 47.30, respectively.

Meanwhile, the Commercial International Bank (CIB), Faisal Islamic Bank, and the United Bank offered slightly lower rates, with a buying rate of EGP 47.15 and a selling rate of EGP 47.25.

QNB ALAHLI established a buying rate of EGP 47.18 and a selling rate of EGP 47.28.

Lastly, the Abu Dhabi Islamic Bank set its buying rate at EGP 47.35 and its selling rate at EGP 47.45.

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