Euro Rises against Egyptian Pound... Dollar Continues to Decline

The euro exchange rate on Wednesday recorded a noticeable increase in most Egyptian banks compared to recent trading. 

Buying prices ranged between EGP 55.94 at Midbank, the lowest, and EGP 56.28 at Abu Dhabi Islamic Bank, the highest.

As for selling prices, Credit Agricole Bank recorded the lowest price at EGP 56.60, while the highest selling price reached EGP 56.74 at Qatar National Bank (QNB).

At the Central Bank of Egypt (CBE), the euro recorded EGP 56.47 to buy and  EGP 56.58 to sell.

The dollar exchange rate against the Egyptian pound on Wednesday, witnessed slight variations between banks, with most registering declines. 

The National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB) recorded a buying price of EGP 49.80 and a selling price of EGP 49.90 per dollar. 

Meanwhile, Next Bank recorded the highest buying price at EGP 49.90 and the highest selling price at EGP 50.

CBE Exchange Rates:

US Dollar                  49.80 49.90

Euro                          56.47 56.58

Pound Sterling        66.79 66.93

Swiss Franc              60.42 60.55

Japanese Yen 100  34.66 34.73

Saudi Riyal              13.27 13.30

Kuwaiti Dinar         162.28 162.66

UAE Dirham           13.55 13.58

Chinese yuan          6.91 6.92

( USD / EUR  declines 0.45% to 0.8819 )