EGP takes a dip against USD in early market trade

The Egyptian Pound (EGP) slightly fell against the US Dollar (USD) at the market open on May 15, 2024.

The National Bank of Egypt, Banque Misr, and the Commercial International Bank (CIB) set their rates at EGP 47.02 and EGP 47.12.

Meanwhile, QNB ALAHLI kept their rates at EGP 46.98 and EGP 47.

The United Bank and the Abu Dhabi Islamic Bank adjusted their rates to EGP 47–EGP 47.1 and EGP 47.12–EGP 47.22, respectively.