The dollar recorded 47.53 against the Egyptian pound on Saturday, dropping more than 13 piastres in less than a week.
The lowest price of the dollar against the pound recorded about 47.4 pounds to buy and 47.5 pounds to sell in MIDBank and Al Ahli Bank of Kuwait.While, the highest price of the dollar against the pound was recorded at about 47.7 pounds for purchase and 47.8 pounds for sale at Abu Dhabi Islamic Bank (ADIB).
The second highest dollar price against the pound came at about 47.54 pounds for purchase and 47.64 pounds for sale at Banque Misr.
The greenback recorded to 47.45 buy and 47.58 to sell at the Central Bank of Egypt (CBE).
Meantime, Egypt's foreign reserves rose by the end of May to $46.125 billion, recording a significant increase of more than $5 billion.
CBE Exchange Rate
Buy Sell
US Dollar 47.45 47.58
Euro 51.60 51.75
Pound Sterling 60.63 60.82
Swiss Franc 53.23 53.39
Saudi Riyal 12.65 12.68
Kuwaiti Dinar 154.87 155.35
UAE Dirham 12.91 12.95
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