EGP continues to rebound to bid-offer cEGP17.47 on Wednesday from cEGP17.53 on Tuesday
Banks reportedly trade the dollar at a range of EGP17.00-17.43 buying and EGP17.50-17.95 selling on Wednesday from EGP17.20-17.42 buying and EGP17.60-17.90 selling on Tuesday. On Wednesday’s interbank market, the dollar was traded at cEGP17.31 buying and a range of EGP17.74-17.78 selling, compared with a range of EGP17.29-17.30 buying and EGP17.78-17.82 selling on Tuesday, the Central Bank of Egypt (CBE) data showed. (CBE, Al Borsa)
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