The exchange rate of the Egyptian pound to the US dollar remained steady at the market open on Monday, April 1, 2024. The National Bank of Egypt, the Commercial International Bank (CIB), Banque Misr, Banque du Caire, QNB ALAHLI, Faisal Islamic Bank, and the Housing and Development Bank all established their buying and selling rates at EGP 47.73 and EGP 47.83, respectively. Abu Dhabi Islamic Bank set a slightly higher buying rate at EGP 47.89 and a selling rate at EGP 48. In a similar vein, the Arab African International Bank set its buying rate at EGP 47.90 and its selling rate at EGP 48. On the other hand, the United Bank set its buying rate slightly lower at EGP 47.70 and its selling rate at EGP 47.80.
