Egyptian pound steady in major banks Wednesday

CAIRO- 18 October 2017: The Egyptian pound exchange rate was stable against U.S. dollar in Wednesday's morning banking transactions.

The exchange rate of the U.S. dollar recorded an average of LE 17.59 for buying and LE 17.69 in majority of banks.

Slightly going down, the euro exchange rate stood at LE 20.68 for buying and LE 20.80 for selling, compared to LE 20.76 for buying and LE 20.88 for selling in the latest transactions.

The GBP (British Pound) inched down to register LE 23.19 for buying and LE 23.32, compared to LE 23.38 for buying and LE 23.52 for selling Tuesday.

As for the Arab currencies, the Saudi Riyal stabilized at LE 4.69 for buying and LE 4.71 for selling, according to the CBE.

The Kuwaiti dinar recorded LE 58.19 for buying and LE 58.66 for selling, while the Emirati dirham market LE 4.78 for buying and LE 4.81 for selling.