EGP/USD exchange rate rises slightly on Monday

$Two pairs of US hundred dollar and Egyptian hundred pound notes are held before a window showing the skyline of Egypt\\'s capital Cairo and the Nile river on January 16, 2023. (Photo by Khaled DESOUKI / AFP) Image for illustrative purpose$

Two pairs of US hundred dollar and Egyptian hundred pound notes are held before a window showing the skyline of Egypt's capital Cairo and the Nile river on January 16, 2023. (Photo by Khaled DESOUKI / AFP) Image for illustrative purpose

The dollar rate hit EGP 50.3 for buying and at EGP 50.4 for selling in the National Bank of Egypt (NBE) at 3:25 pm

Staff Writer, Arab Finance

February 4, 2025

PHOTO
Two pairs of US hundred dollar and Egyptian hundred pound notes are held before a window showing the skyline of Egypt's capital Cairo and the Nile river on January 16, 2023. (Photo by Khaled DESOUKI / AFP) Image for illustrative purpose

The Egyptian pound exchange rate against the US dollar rose slightly on Monday, with the USD rates at Banque Misr recording EGP 50.3 for buying and EGP 50.4 for selling at 3:08 pm.

The dollar rate hit EGP 50.3 for buying and at EGP 50.4 for selling in the National Bank of Egypt (NBE) at 3:25 pm.

At the Commercial International Bank Egypt (CIB), the EGP is now trading at 50.31 for buying and 50.41 for selling against the USD.

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