US Dollar Rate Drops Against Egyptian Pound to Reach 47.11 in Egypt’s Major Banks

News Agencies

At the end of yesterday’s trading, the average US dollar price in banks slightly dropped to reach EGP 47.11 for buying and EGP 47.21 for selling.

MIDBANK recorded the highest dollar-purchase price at EGP 47.30, while the dollar’s price declined to a record EGP 47.10 for buying and EGP 47.21 for selling at six banks, including Banque Misr, NBE, and CIB.

The dollar cost EGP 47.10 to buy and EGP 47.20 to sell at Al Baraka Bank, Suez Canal, United Bank, Egyptian Export Development Bank, and Emirates NBD.

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