EGP nudges down against USD at market opening

The Egyptian pound began the day with a negative trend versus the US dollar at the market open on Thursday, March 28, 2024.

The National Bank of Egypt and the Commercial International Bank set a buying rate of EGP 47.73 and a selling rate of EGP 47.83.

Both Banque Misr and Banque du Caire set their buying and selling rates at EGP 47.73 and EGP 47.83, respectively.

QNB ALAHLI and Faisal Islamic Bank both offered a buying rate of EGP 47.73 and a selling rate of EGP 47.83.

Abu Dhabi Islamic Bank provided the highest buying rate at EGP 47.89, with a selling rate of EGP 48.

The Arab African International Bank offered a buying rate of EGP 47.90 and a selling rate of EGP 48.

The United Bank set its buying rate at EGP 47.70 and its selling rate at EGP 47.80, while the Housing and Development Bank offered a buying rate of EGP 47.73 and a selling rate of EGP 47.83.