EGP index fell against a basket of major currencies to 76.8 points on Wednesday
First Bank
The Egyptian pound index declined against the major currencies during Wednesday trading. the index reached 76,863 points, compared to 76,975 points yesterday.
The Egyptian pound index declines against two major currencies among a basket of seven currencies that measures the performance of the pound. It fell against the Pound Sterling and the Chinese yuan, while it rose against the euro and the Japanese yen and remained stable against the US dollar, the Saudi Riyal and the UAE dirham.
The average pound sterling selling rate in Egypt rose from EGP 29.51 to EGP 29.53 at the end of Wednesday trading, while the average buying rate rose from EGP 29.42 to EGP 29.43.
The average selling price of the Chinese yuan in Egypt increased from EGP 3.43 to EGP3.48 pounds, while the buying price increased from EGP3.4 to EGP 3.46.
The average selling price of the euro in Egypt decreased from EGP 25.50 to EGP 25.49, and the average buying price remained stable at EGP 25.41.
The average selling price of the Japanese yen in Egypt decreased from EGP 17.80 to 17.74 pounds while the buying price fell from EGP 17.74 to EGP 17.68 pounds.
The average rate price of the US dollar in Egypt remained stable at EGP 24.59 for selling, and 24.52 pounds for buying at the end of today's trading.
The average rate of the Saudi riyal in Egypt remained stable at EGP 6.54 for buying and EGP 6.52 for selling.