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

The Egyptian Pound Index rose against major currencies at the close of trading on Thursday, May 21, with the index value increasing to 35.543 points, compared to 35.218 points at the end of Wednesday’s session.

The rise in the Egyptian Pound Index was driven by the pound’s appreciation against the U.S. dollar, euro, British pound sterling, Japanese yen, UAE dirham, Saudi riyal, and Chinese yuan at the close of today’s trading.

The average selling price of the U.S. dollar declined from EGP 53.47 to EGP 52.97 at the close of trading, while the average buying price fell from EGP 53.37 to EGP 52.87.

The average selling price of the euro decreased from EGP 62.04 to EGP 61.48, while the average buying price declined from EGP 61.92 to EGP 61.36 by the end of the day.

The average selling price of the British pound sterling dropped from EGP 71.67 to EGP 71.15, while the average buying price eased from EGP 71.51 to EGP 71.00.

The average selling price of the Japanese yen declined from EGP 33.63 to EGP 33.29, while the average buying price fell from EGP 33.56 to EGP 33.22.

The average selling price of the UAE dirham decreased from EGP 14.56 to EGP 14.42, while the average buying price dropped from EGP 14.53 to EGP 14.39.

The average selling price of the Saudi riyal fell from EGP 14.25 to EGP 14.12, while the average buying price declined from EGP 14.22 to EGP 14.09.

Meanwhile, the average selling price of the Chinese yuan decreased from EGP 7.86 to EGP 7.79, while the average buying price fell from EGP 7.84 to EGP 7.77 at the close of trading.