US dollar exchange rate rises by 40 piasters, reaching LE 55.75
The US dollar exchange rate against the Egyptian pound rose by 40 piasters across several banks during Sunday’s trading, compared to the rates at the start of the day. According to data published on bank websites, the dollar reached LE55.65 for buying and LE55.75 for selling. At the National Bank of Egypt, Banque Misr, Banque … The post US dollar exchange rate rises by 40 piasters, reaching LE…
The US dollar exchange rate against the Egyptian pound rose by 40 piasters on Sunday, reaching LE 55.75 for selling and LE 55.65 for buying, according to data from several banks. This increase occurred amidst broader fluctuations in exchange rates throughout the day, with the selling price surpassing the LE 55.70 mark. Banking expert Mohamed Abdel-Aal explained that the successive increases in the dollar exchange rate reflect the interplay of various external and domestic factors, such as escalating geopolitical risks and global movements of the US dollar.
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