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On Sunday, May 12, 2024, the Egyptian Pound (EGP) declined against the US Dollar (USD) at the market’s opening. The following banks updated their rates:
– The National Bank of Egypt, the Arab African International Bank, the Faisal Islamic Bank of Egypt, and the United Bank set their rates at EGP 47.50 and EGP 47.60.
– Banque Misr set their rate to EGP 47.51.
– Banque du Caire set their rate to EGP 61.
– QNB ALAHLI updated their rates to EGP 47.65 and EGP 75 and later revised them to EGP 47.67 and EGP 47.77.
– The Commercial International Bank (CIB) maintained its rates at EGP 47.80 and EGP 47.90.
– Abu Dhabi Islamic Bank set its rates at EGP 47.77 and EGP 47.87.
