Egyptian pound appreciates to its highest since flotation

Egyptian pound appreciates to its highest since flotation

Politics Egyptian pound appreciates to its highest since flotation. Comments Off on Egyptian pound appreciates to its highest since flotation. The exchange rate of the dollar continued to decline against the Egyptian pound in the local market on Tuesday, bringing the average for banks' transactions with their clients to EGP 15.6689to buy and EGP 15.7689 to sell against EGP 15.6783 to buy and EGP 15.7783 to sell on Monday.. The official rate of the dollar exchange rate at the Central Bank of Egypt (CBE) on Tuesday hit EGP 15.6509 to buy and EGP 15.7755 to sell against EGP 15.6588 to buy and EGP 15.7846 to sell on Monday.. The level is the highest against the dollar since the second day of the decision to liberalise the exchange rate on 3 November 2016, when the average exchange rate was EGP 15.7297 to buy and EGP 16.3159 to sell..