The Egyptian Pound strengthened at a central bank’s sale of foreign currency on Monday, prolonging a steady increase that was on track after the military has removed the President Mursi on July 3, 2013. The central bank of Egypt has sold US $37.6 million and Egyptian Pound strengthened to 6.9849 per US Dollar compare to Thursday’s close of 6.9858, data released from the central bank of Egypt. The central bank had presented $40 million.
Currency of Egypt - one Egyptian Pound banknote, issued by the National Bank of Egypt. Egyptian pound banknotes, Egyptian paper money, Egyptian bank notes Obverse: Portrait of His Majesty King Farouk I, by the grace of God, King of Egypt and of Sudan, Sovereign of Nubia, of Kordofan and of Darfur. King Farouk I was the last ruling King of Egypt, succeeding his father, Fuad I, in 1936. Reverse: Philae Temple of Isis, on Agilkia Island in Lake Nasser.