Arab Finance: The exchange rate of the US dollar to Egyptian pound edged up to EGP 50.5 for buying and EGP 50.6 for selling at the National Bank of Egypt (NBE), Banque Misr, and the Commercial International Bank Egypt (CIB).
During Wednesday’s mid-session, the USD traded at EGP 50.2 for purchasing and EGP 50.3 for selling.
The US dollar has been recently witnessing fluctuations amid rising tension in the Middle East.