The US dollar recorded a slight increase against the Egyptian pound on Sunday, according to the latest figures released by the National Bank of Egypt (NBE).
The currency rose to EGP 53.50, up from EGP 52.97 in the previous session, continuing a period of fluctuation in the foreign exchange market.
The British pound also strengthened, reaching EGP 72.59 for buying and EGP 73.20 for selling.
Meanwhile, the Euro climbed to EGP 62.68 for buying and EGP 63.16 for selling.
The Chinese yuan saw a modest rise, standing at EGP 7.82 for buying and EGP 7.85 for selling.
Among regional currencies, the UAE dirham increased to EGP 14.55 for buying and EGP 14.59 for selling, reflecting demand linked to travel and economic ties with Gulf countries.
Overall, the Egyptian pound continued to weaken against major foreign currencies.
<a href="https://ibb.co/XfF7S3yQ"><img src="https://i.ibb.co/8nPr6dzC/Exchange-Rates-5.png" alt="Exchange-Rates-5" border="0" /></a>
Photo Credit: Freepik (Magnific)
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