Egypt Pound Slightly Up Against Dollar at Central Bank’s Sale

The US dollar’s price slightly fell on Monday against the Egyptian pound to hit EGP 6.9851 for buying and EGP 7.0152 for selling, against Sunday’s levels of EGP 6.9856 for buying and EGP 7.0157 for selling.

This comes in the light of the Egyptian Central Bank’s 99^th FX auction. TheCBE has pumped US$ 3.960 billion through its periodic FX Auctions on Mondays, Wednesdays and Thursdays.

The greenback’s price is witnessing relatively stability for about one month.

The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on Monday: