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Egyptian Pound Index Rises Against Major Currencies to 36.398 Points at the End of Tuesday, June 9 Trading

FirstBank

The Egyptian Pound Index rose against major currencies at the end of trading on Tuesday, June 9, with the index value increasing to 36.398 points by the close of trading, compared to 36.134 points at the end of Monday’s session.

The rise in the Egyptian Pound Index came as a result of its appreciation against the U.S. dollar, the euro, the British pound sterling, the Japanese yen, the UAE dirham, the Saudi riyal, and the Chinese yuan at the close of trading today.

The average selling price of the U.S. dollar declined from EGP 52.19 to EGP 51.77 by the end of today’s trading, while the average buying price fell from EGP 52.09 to EGP 51.67 by the close of trading.

The average selling price of the euro decreased from EGP 60.23 to EGP 59.90 by the end of today’s trading, while the average buying price declined from EGP 60.11 to EGP 59.77 by the close of trading.

The average selling price of the Chinese yuan also fell from EGP 7.70 to EGP 7.65 by the end of today’s trading, while the average buying price declined from EGP 7.68 to EGP 7.63 by the close of trading.

The average selling price of the Japanese yen decreased from EGP 32.63 to EGP 32.33 by the end of today’s trading, while the average buying price fell from EGP 32.56 to EGP 32.26 by the close of trading.

Meanwhile, the average selling price of the UAE dirham declined from EGP 14.21 to EGP 14.09 by the end of today’s trading, while the average buying price decreased from EGP 14.18 to EGP 14.07 by the close of trading.

The average selling price of the Saudi riyal fell from EGP 13.90 to EGP 13.79 by the end of today’s trading, while the average buying price declined from EGP 13.87 to EGP 13.76 by the close of trading.