Egyptian Pound steady against U.S. dollar

CAIRO – 11 July 2017: The U.S. dollar exchange rate slightly declined against the Egyptian Pound in Tuesday transactions.

The average exchange rate went down to LE 17.83 for buying and LE 17.93 for selling, up from LE 17.82 for buying and LE 17.92 for selling on Monday.

The highest exchange rate was recorded at the Abu Dhabi Islamic Bank at LE 17.875 for buying and LE 17.975 for selling, compared to LE 17.86 for buying and LE 17.96 for in the previous day.

Registering LE 17.87 for buying and LE 17.97 for selling, the Egyptian Gulf Bank (EG Bank) offered the second highest rate.

The U.S. dollar registered LE 17.84 for buying and LE 17.94 for selling at Banque Misr and LE 17.80 for buying and LE 17.90 for selling at Banque du Caire.

National Bank of Egypt recorded LE 17.92 for buying and LE 17.82 for selling.

As for the euro, it hiked to LE 20.31 for buying and LE 20.43 for selling, slightly up from an average of LE 20.30 for buying and LE 20.44 for selling Sunday.

The GBP (British Pound) rate registered LE 22.96 for buying and LE 23.10 for selling, compared to LE 23.94 for buying and LE 23.12 for selling.

Arab currencies remained steady, with the Saudi Riyal recording LE 4.75 for buying and LE 4.78 for selling. The Emirati Dirham was unchanged at LE 4.85 for selling and LE 4.88 for buying, and the Kuwaiti dinar registered LE 58.75 for buying and LE 59.20 for selling.