EGP index rose against a basket of major currencies to 35.127 points at today's trading

The Egyptian pound strengthened against major currencies at the close of trading on Monday, May 4th, reaching 35.127 points, compared to 35.092 points at the close of trading on Sunday.

The pound's rise was driven by its appreciation against the euro, the Chinese yuan, the Japanese yen, and the British pound, while it remained stable against the US dollar, the UAE dirham, and the Saudi riyal.

The average selling price of the US dollar settled at EGP 53.57 at the close of trading, while the average buying price remained at EGP 53.47.

The average selling price of the euro rose from EGP 62.80 to EGP 62.68 at the close of trading, and the average buying price increased from EGP 62.67 to EGP 62.54.

 The average selling price of the Chinese yuan remained stable at EGP 7.85 at the close of trading today, while the average buying price also remained stable at EGP 7.83.

The average selling price of the Japanese yen decreased from EGP 34.12 to EGP 34.10 at the close of trading today, and the average buying price decreased from EGP 34.04 to EGP 34.02.

The average selling price of the UAE dirham remained stable at EGP 14.59 at the close of trading today, and the average buying price remained stable at EGP 14.56.

The average selling price of the Saudi riyal remained stable at EGP 14.28 at the close of trading today, and the average buying price remained stable at EGP 14.26.

As for the average selling price of the British pound, it fell from 72.74 Egyptian pounds to 72.56 Egyptian pounds at the close of trading today, while the average buying price decreased from 72.57 Egyptian pounds to 72.38 Egyptian pounds by the end of trading today.

This article has been translated, but in a shorter form.