EGP index decreased against a basket of major currencies to 35.218 points at today's trading

The Egyptian Pound Index declined against major currencies at the close of trading on Wednesday, May 20, with the index falling to 35.218 points, compared with 35.410 points at the end of Tuesday’s session.

The decline in the Egyptian Pound Index came as the local currency weakened against the U.S. dollar, euro, British pound, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan by the end of today’s trading.

The average selling price of the U.S. dollar increased from EGP 53.17 to EGP 53.47 at the close of trading, while the average buying price rose from EGP 53.07 to EGP 53.37.

The average selling price of the euro climbed from EGP 61.78 to EGP 62.04, while the average buying price increased from EGP 61.65 to EGP 61.92 by the end of the session.

The average selling price of the British pound sterling rose from EGP 71.27 to EGP 71.67, while the average buying price increased from EGP 71.13 to EGP 71.51.

The average selling price of the Japanese yen increased from EGP 33.41 to EGP 33.63, while the average buying price edged up from EGP 33.35 to EGP 33.56.

The average selling price of the UAE dirham rose from EGP 14.48 to EGP 14.56, while the average buying price increased from EGP 14.45 to EGP 14.53.

The average selling price of the Saudi riyal increased from EGP 14.17 to EGP 14.25, while the average buying price climbed from EGP 14.14 to EGP 14.22.

Meanwhile, the average selling price of the Chinese yuan rose from EGP 7.81 to EGP 7.86, while the average buying price increased from EGP 7.80 to EGP 7.84 by the close of trading.