On March 17, 2024, Egypt’s banking sector witnessed slight disparities in USD exchange rates. The Central Bank of Egypt (CBE) announced rates at 47.77/47.90 EGP for buying and selling respectively.
Meanwhile, the National Bank of Egypt and Banque Misr offered rates of 47.80/47.90 EGP. The Commercial International Bank (CIB) adopted a slightly lower rate at 47.75/47.80 EGP, whereas QNB ALAHLI presented rates at 47.75/47.85 EGP.
Faisal Islamic Bank provided rates of 47.70/47.80 EGP, while Abu Dhabi Islamic Bank recorded the highest rates at 48.52/48.62 EGP. These variations underscore the dynamic nature of the currency market in Egypt.
