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Bank exchange rates varied collectively against the Egyptian pound at the beginning of trading on Wednesday, August 28, 2019.
Akhbar Al Yom Portal publishes exchange rates against the Egyptian pound with banks operating in the local market.
The euro lost around 18.29 pounds with the purchase and 18.41 pounds on the sale, while the price of the pound sterling increased to about 20.24 pounds with the purchase and 20.40 pounds with the the sale.
The price of the Swiss franc dropped to 16.79 pounds with the purchase, 16.92 pounds for sale, and the price of 100 yen at around 15.58 pounds with the purchase and 15.71 pounds on the sale .
Exchange rates have been disparate over the past period, between the top and bottom, depending on the supply and demand mechanism followed by banks operating in the local market, since the exchange rate of the pound Egyptian currency in relation to foreign currencies has been fully liberalized.
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