Egypt to keep customs exchange rate at EGP 16 in August

Cairo – Mubasher: Egypt will keep its customs exchange rate unchanged at EGP 16 per US dollar for a month as of 1 August.

The price of the customs dollar hovers around 90% of its common price in the banking markets, Egyptian finance minister Mohamed Maait said in a statement on Tuesday.

In July, the finance ministry stated that the customs exchange rate would remain steady at EGP 16 for July.

Mubasher Contribution Time: 31-Jul-2018 09:58 (GMT)
Mubasher Last Update Time: 31-Jul-2018 10:04 (GMT)