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Dollar Gains 15 Piastres to 51.22 Pounds
The exchange rate of the dollar against the Egyptian pound increased at the start of local bank transactions by approximately 15 piastres, with the National Bank of Egypt and Banque Misr recording rates of 51.22 pounds for selling and 51.12 pounds for buying. This compares to yesterday's rates of 51.07 and 50.97 pounds, respectively. The highest rate was noted at Emirates NBD at 51.27 pounds for selling and 51.17 pounds for buying, marking a 0.33% increase. The report indicated that the dollar's rate remained high in the local market amid increased demand and expectations of further rises in the coming days.
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