At the time of writing, banks reportedly trade the dollar at an average of USD-EGP15.92 for buying and USD-EGP16.64 for selling. On Thursday, the USD-EGP was traded at a range of EGP16.35-16.42 buying and EGP17.07-17.09 for selling in the interbank market, compared to EGP17.01-17.04 buying and EGP17.63-17.70 for selling on Wednesday, the Central Bank of Egypt (CBE) data showed. Bankers said dollar liquidity was improving and activity pick up after a slow start earlier this week, according to Reuters. (Reuters, Al Borsa)
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