EGP nudges down vs. USD on Wednesday

Featuredforex newsThe Watch
By Aya El Sayed
EGP sees significant drop vs. USD at Wednesday's close

The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian pound (EGP) at the end of trading on Wednesday.

According to the CBE’s website, the buying rate stood at EGP 49.18 and the selling rate at EGP 49.28 versus the dollar.

This marks a slight decrease from Tuesday’s rates, when the pound was trading at EGP 49.16 for buying and EGP 49.26 for selling.

Attribution: Central Bank of Egypt (CBE) website

 

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