The US dollar edged higher against the Egyptian pound on Tuesday, according to the latest exchange rates published by the National Bank of Egypt. The dollar was trading at EGP 53.73, up from EGP 53.38 in the previous session, continuing recent fluctuations in the foreign exchange market. The British pound increase to EGP 72.61 for buying and EGP 72.92 for selling. Meanwhile, the euro rose to EGP 62.74 for buying and EGP 62.95 for selling. The Chinese yuan also recorded a slight increase, standing at EGP 7.86 for buying and EGP 7.88 for selling. Among regional currencies, the UAE dirham declined to EGP 14.61 for buying and EGP 14.65 for selling, reflecting continued demand linked to travel and economic ties with Gulf countries. Overall, the Egyptian pound weakened against several major foreign currencies.
<a href="https://ibb.co/NdqgP6x3"><img src="https://i.ibb.co/MxHy4Dnh/Exchange-Rates-10.png" alt="Exchange-Rates-10" border="0" /></a>&nbsp;
Photo Credit:&nbsp;Freepik (Magnific)

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