The euro fell on Friday on anxiety about an escalating trade conflict between the U.S. and the European Union
Euro slipped on Friday as the dollar recovered following weaker than expected inflation data
The U.S. dollar dropped more than 0.3 percent versus the Swiss franc to hit its lowest level since August 2015
The euro slipped 0.1 percent to $1.2048.
The highest rate was recorded at the Abu Dhabi Islamic Bank at LE 17.78 for buying and LE 17.88 for selling.
It recorded an average of LE 17.68 for buying and LE 17.78 in the Central Bank of Egypt.
Slightly going down, the euro exchange rate stood at LE 20.30 for buying and LE 20.63 for selling.
The U.S. dollar climbed on Friday, on track for its first weekly rise in two, as progress of the U.S. tax plan through the Senate raised hopes of boost to the economy.
The U.S. dollar recorded an average of LE 17.60 for buying and LE 17.70 in majority of banks.
The exchange rate of the U.S. dollar recorded an average of LE 17.59 for buying and LE 17.69 in majority of banks.
It recorded LE 17.58 for buying and LE 17.68 for selling at the central bank.
Going down, the euro exchange rate stood at LE 20.64 for buying and LE 20.76 for selling.
Foreign reserves stood at $36.5 billion at the end of September.
U.S. dollar recorded LE 17.617 for buying and LE 17.717 for selling, which is nearly the same rate of the latest banking transactions.
Dollar registered LE 17.61 for buying and LE 17.71
A wrap-up for the most prominent news circulated during the day.
The dollar rebounded from a 2-1/2-year low on Wednesday, and Asian stocks took their cue from Wall Street’s stronger close.
The new figure is less than the custom dollar exchange rate set for August at LE 16.25, Minister of Finance said.
It recorded LE 17.68 for buying and LE 17.78 for selling at the central bank.
The dollar edged lower against a trade-weighted basket of currencies on Monday after posting its biggest weekly drop in three weeks as expectations of U.S.