EGP continues to weaken at Monday’s interbank market to bid-offer cEGP17.75 from cEGP17.69 on Sunday
On Monday’s interbank market, the dollar was traded at a range of EGP17.56-17.93 buying and EGP17.56-17.94 selling, compared with EGP17.48-17.49 buying and EGP17.90-17.91 selling on Sunday, Central Bank of Egypt (CBE) data showed. Banks reportedly trade the dollar at a range of EGP17.45-17.70 buying and EGP17.75-18.00 selling on Monday, from EGP17.35-17.60 buying and EGP17.65-17.95 selling on Sunday. (CBE, Al Borsa)
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