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Arab, foreign currencies record jump against Egyptian pound
Sayed Badr Published in Amwal Al Ghad on 14 - 03 - 2016

Arab and foreign currencies have soared against the Egyptian pound on Tuesday following a decision adopted by Egypt's central bank to partially devalue the currency in a special foreign currency auction.
According to Egypt's biggest state bank, National Bank of Egypt, th US dollar has recorded 8.9 Egyptian pounds for purchase and 8.95 pounds for sale; while euro hiked to 9.90 pounds for purchase and 10 pounds for sale.
Kuwaiti dinar has also climbed at early trade to 29.49 pounds for purchase and 29.76 pounds for sale.
The table below demonstrates the exchange rates of a number of key Arab and foreign currencies against the Egyptian pound early Monday according to the National Bank of Egypt:
Currency
Buying Price
Selling Price
US Dollar (USD)
8.9
8.95
Euro (EUR)
9.908401
10.0016
Pound Sterling (GBP)
12.7795
12.8782
Swiss Franc (CHF)
9.0097
9.1141
Yen (¥100)
7.7895
7.7895
Kuwaiti Dinar (KWD)
29.488
29.7639
Saudi Riyal (SAR)
2.3732
2.3866
UAE Dirham (AED)
2.4231
2.437

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