Egyptian Pound Index Rises Against Major Currencies to 36.373 Points at the Close of Sunday Trading

The Egyptian Pound Index recorded an increase against major currencies at the close of trading on Sunday, June 7, with the index reaching 36.373 points, compared to 36.265 points at the close of last Thursday’s session.

The rise in the index was driven by the appreciation of the Egyptian pound against the U.S. dollar, euro, British pound, and Japanese yen, while it remained stable against the UAE dirham, Saudi riyal, and Chinese yuan.

The average selling price of the U.S. dollar declined to EGP 51.86 from EGP 51.87 at the close of trading, while the average buying price edged down to EGP 51.76 from EGP 51.77.

Meanwhile, the average selling price of the euro fell to EGP 59.76 from EGP 60.39, while the average buying price declined to EGP 59.63 from EGP 60.26.

The Japanese yen also weakened against the Egyptian pound, with the average selling price decreasing to EGP 32.36 from EGP 32.46, while the average buying price slipped to EGP 32.28 from EGP 32.39.

Similarly, the average selling price of the British pound dropped to EGP 69.82 from EGP 69.90, while the average buying price fell to EGP 69.67 from EGP 69.75.

In contrast, the UAE dirham remained unchanged, with the average selling price holding at EGP 14.12 and the average buying price steady at EGP 14.09.

The Saudi riyal also maintained stability, with the average selling price remaining at EGP 13.81 and the average buying price at EGP 13.79.

Likewise, the Chinese yuan remained unchanged, with the average selling price standing at EGP 7.67 and the average buying price at EGP 7.65 at the close of trading.