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The US Dollar Loses Up to 13 Piasters of Its Morning Gains Against the Egyptian Pound

The US Dollar Loses Up to 13 Piasters of Its Morning Gains Against the Egyptian Pound

Yara El-Genaiky – The US dollar lost part of its morning gains against the Egyptian pound during midday trading on Sunday, declining by between 8 and 13 piasters across several banks compared to morning rates.

Despite this decline, US dollar rates remained higher than the closing levels of last Thursday's trading session, recording an increase ranging between 12 and 18 piasters across the five monitored banks.

The exchange rate of the US currency at the National Bank of Egypt registered EGP 53.54 for buying and EGP 53.64 for selling, compared to EGP 53.67 for buying and EGP 53.77 for selling in the morning, and EGP 53.42 for buying and EGP 53.52 for selling at the close of last Thursday's trading session, marking an increase of 12 piasters compared to Thursday's close.

Reaching EGP 53.56 for Buying and EGP 53.66 for Selling at Banque Misr

At Banque Misr, it registered EGP 53.56 for buying and EGP 53.66 for selling, unchanged from morning rates, and up by 14 piasters compared to the closing levels of last Thursday's trading session, which stood at EGP 53.42 for buying and EGP 53.52 for selling.

Reaching EGP 53.55 for Buying and EGP 53.65 for Selling at the Commercial International Bank

The currency rate at the Commercial International Bank reached EGP 53.55 for buying and EGP 53.65 for selling, compared to EGP 53.66 for buying and EGP 53.76 for selling in the morning, and EGP 53.42 for buying and EGP 53.52 for selling last Thursday, recording an increase of 13 piasters compared to Thursday's close.

Registering EGP 53.57 for Buying and EGP 53.67 for Selling at Faisal Islamic Bank

At Faisal Islamic Bank, it registered EGP 53.57 for buying and EGP 53.67 for selling, compared to EGP 53.68 for buying and EGP 53.78 for selling in the morning, and EGP 53.44 for buying and EGP 53.54 for selling at the close of last Thursday's trading session, with an increase of 13 piasters.

Reaching EGP 53.60 for Buying and EGP 53.70 for Selling at HSBC Bank

At HSBC Bank, the US dollar registered EGP 53.60 for buying and EGP 53.70 for selling, compared to EGP 53.68 for buying and EGP 53.78 for selling in the morning, and EGP 53.42 for buying and EGP 53.52 for selling at the close of last Thursday's trading session, remaining higher by 18 piasters compared to Thursday's close.

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