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USD/EGP exchange rates edge up at Egyptian banks on mid-Wednesday
USD/EGP exchange rates edge up at Egyptian banks on mid-Wednesday

Zawya

timea day ago

  • Business
  • Zawya

USD/EGP exchange rates edge up at Egyptian banks on mid-Wednesday

Arab Finance: The exchange rate of the US dollar to Egyptian pound registered EGP 50.2 for buying and EGP 50.3 for selling at the National Bank of Egypt (NBE) at 11:11 AM. The exchange rate went up, recording EGP 50.44 for purchasing and EGP 50.54 for selling at Banque Misr at 10:54 AM. At the Commercial International Bank Egypt (CIB), the US dollar traded at EGP 50.18 for buying and EGP 50.28 for selling. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

USD/EGP exchange rates continue rising at Egyptian banks
USD/EGP exchange rates continue rising at Egyptian banks

Zawya

time2 days ago

  • Business
  • Zawya

USD/EGP exchange rates continue rising at Egyptian banks

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. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (

China's forex regulator vows to fend off external shocks
China's forex regulator vows to fend off external shocks

Reuters

time3 days ago

  • Business
  • Reuters

China's forex regulator vows to fend off external shocks

SHANGHAI, June 18 (Reuters) - China's foreign exchange regulator on Wednesday vowed to keep the yuan exchange rate basically stable and fend off external shocks and risks. Speaking at the Lujiazui Forum in Shanghai, Zhu Hexin, head of the State Administration of Foreign Exchange, said China's ability to counter forex market volatility has improved. China will set up a forex management policy evaluation mechanism, and improve the rules for qualified foreign investors, he said.

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