US Dollar Slightly Declines Against Egyptian Pound in Egypt’s Major Banks

The Central Bank of Egypt (CBE) reported the average exchange rates for the US dollar (USD) against the Egyptian pound (EGP) at the end of Thursday’s trading.

According to the CBE’s website, the USD’s buying rate stood at EGP 48.85, and the selling rate at EGP 48.95 versus the dollar.

This marks a slight drop from Wednesday’s rates, when the dollar was trading at EGP 49.05 for buying and EGP 49.15 for selling, as per an article on Amwal Al Ghad’s Website.