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FINANCIAL NEWS
US Dollar reaches an EGP 12.40
05 Aug 2016
(MENAFN) The Value of the UD Dollar has witnessed a frequent instability while the new selling price decreased to an average of EGP 12.40, while the purchasing price registered an average EGP of 11,9.
A wide range of exchange rates put the selling rates for the Dollar from EGP 12.30 to EGP 12.50 and purchasing rates between EGP 11.25 and EGP 12.25, As Daily News Egypt reported.
Ali El-Hariry, secretary to the chief of the Division of Exchange Offices for the Federation of Egyptian Chambers of Commerce stated to Daily News Egypt that it is not easy to expect what is going to happen in the coming period in the exchange market.
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