EGP index rose against a basket of major currencies to 35.480 points at today's trading

The Egyptian pound index rose against major currencies by the end of trading on Wednesday, May 13, as the index increased to 35.480 points at the close of trading, compared to 35.454 points at the end of Tuesday’s session.

The rise in the Egyptian pound index was driven by its appreciation against the euro, the British pound, and the Japanese yen, while it remained stable against the UAE dirham, the Saudi riyal, and the Chinese yuan. Meanwhile, it recorded a slight decline against the US dollar by the end of trading.

The average selling price of the euro declined from EGP 62.22 to EGP 62.05 at the close of trading today, while the average buying price fell from EGP 62.09 to EGP 61.93.

The average selling price of the British pound dropped from EGP 71.73 to EGP 71.55, while the average buying price decreased from EGP 71.56 to EGP 71.40 by the end of trading.

The average selling price of the Japanese yen also declined from EGP 33.63 to EGP 33.57, while the average buying price fell from EGP 33.56 to EGP 33.50 at the close of trading.

Meanwhile, the average selling price of the Chinese yuan remained stable at EGP 7.80, while the average buying price held steady at EGP 7.78 by the end of trading.

The average selling price of the UAE dirham remained unchanged at EGP 14.42, while the average buying price stabilized at EGP 14.39 at the close of trading.

The average selling price of the Saudi riyal also remained stable at EGP 14.12, while the average buying price held steady at EGP 14.09 by the end of trading.

As for the US dollar, the average selling price edged up from EGP 52.96 to EGP 52.97 at the close of trading, while the average buying price remained unchanged at EGP 52.87.