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Dollar Surges Again Against Pound
The US dollar's price increased against the Egyptian pound in five major banks during Sunday's dealings, with increases ranging between 18 and 22 piastres compared to the beginning of the day. Its rate was recorded at 52.53 Egyptian pounds for purchase and 52.63 for sale at the National Bank of Egypt; 52.52 for purchase and 52.62 for sale at Bank of Egypt; 52.53 for purchase and 52.63 for sale at Bank of Cairo; 52.55 for purchase and 52.65 for sale at AlexBank; and 52.54 for purchase and 52.64 for sale at Qatar National Bank. This rise occurs amid ongoing fluctuations in the dollar’s exchange rate against the Egyptian pound in recent periods.
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