EGP stable against USD in Tuesday early trade

The Egyptian Pound (EGP) remained stable against the US Dollar (USD) on Tuesday, May 7, 2024.

The National Bank of Egypt, Banque Misr, Banque du Caire, and the Commercial International Bank (CIB) chose to keep their rates unchanged at EGP 47.9 and EGP 48.

At the same time, QNB ALAHLI updated their rates to EGP 47.92 and EGP 48, and the Arab African International Bank revised their rates to EGP 47.9 and EGP 48.

The Faisal Islamic Bank of Egypt modified their rates to EGP 47.9 and EGP 48, while the United Bank opted to keep its rates steady at EGP 47.80 and EGP 47.90.

In a divergent move, Abu Dhabi Islamic Bank increased their rates to EGP 48.1 and EGP 48.2.