Dollar gains against pound in 9 banks
The US dollar has risen against the Egyptian pound across nine banks over the week, with increases ranging from 5 to 12 piastres by the end of trading on Wednesday compared to last Thursday. The dollar price in banks such as the National Bank and Banque Misr reached 52.34 pounds for buying and 52.44 pounds for selling, marking a 7-piastre increase. Meanwhile, Alexandria Bank and the Suez Canal Zone Bank experienced rises between 5 and 12 piastres, whereas the prices at Abu Dhabi Islamic Bank declined by 2 piastres. This upward movement reflects exchange rate fluctuations throughout the week and follows a period of temporary stability in the market.
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