In April, the US dollar’s price surged against the Egyptian pound in banks and forex firms by 2.27% to hit EGP 6.9344 for buying and EGP 6.9650 for selling.
By the beginning of April, the US currency recorded EGP 6.8096 for buying and EGP 6.8397 for selling. The dollar continued to rally by 3.5 piasters per week until it eventually reached EGP 6.9650.