Economics

Egyptian pound slightly inches down against dollar

CAIRO- 10 October 2017: The Egyptian pound exchange rate slightly went down against U.S. dollar in Tuesday's morning banking transactions.
The exchange rate of the Central Bank of Egypt (CBE) for the U.S. dollar recorded LE 17.60 for buying and LE 17.70, compared to LE 17.59 for buying and LE 17.69 for selling Monday.
Going up, the euro exchange rate stood at LE 20.66 for buying and LE 20.85 for selling, compared to LE 20.64 for buying and LE 20.76 for selling.
Meanwhile, the GBP (British Pound) also hiked to LE 23.11 for buying and LE 23.31 for selling, compared to LE 22.98 for buying and LE 23.12 for selling in the latest banking transactions.
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 58.23 for buying and LE 58.58 for selling and the Emirati Dirham registered LE 4.79 for selling and LE 4.81 for buying.

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