Egyptian pound exchange rate strengthens in Monday transactions

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Mon, 09 Oct 2017 - 08:27 GMT

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Mon, 09 Oct 2017 - 08:27 GMT

U.S. Dollar Bills by Reuters-Rick Wilking

U.S. Dollar Bills by Reuters-Rick Wilking

CAIRO- 9 October 2017: The Egyptian pound exchange rate slightly went up against U.S. dollar in Monday's morning banking transactions.

The exchange rate of the Central Bank of Egypt (CBE) for the U.S. dollar recorded LE 17.59 for buying and LE 17.69 for selling, compared to LE 17.60 for buying and LE 17.70 for selling Sunday.

Going down, the euro exchange rate stood at LE 20.64 for buying and LE 20.76 for selling.

Meanwhile, the GBP (British Pound) also deteriorated to LE 22.98 for buying and LE 23.12 for selling, compared LE 23.29 for buying and LE 23.43 for selling in the latest banking transactions.

As for the Arab currencies, the Saudi Riyal stabilized at LE 4.69 for buying and LE 4.72 for selling, according to the CBE.

The Kuwaiti dinar recorded LE 58.21 for buying and LE 58.56 for selling and the Emirati Dirham registered LE 4.79 for selling and LE 4.81 for buying.

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