Egypt pound median o/n rate rate rises to 11.65 pct

CAIRO, Nov 18
The median overnight interbank rate on the Egyptian pound rose to 11.65 percent on Tuesday from 11.569 percent on Monday with the market liquid on the first day of a period for calculating bank reserves, dealers said.
Five out of eight banks reported overnight deals at a range of between 11.60 and 11.75 percent, compared to reported rates of 11.6 percent on Monday.
Tuesday was the first day of a two-week period for calculating bank reserves.Four banks reported one-week deals at a range of between 11.6 percent and 11.95 percent. One bank reported a two-week deal at 11.9 percent.
The Egyptian pound depreciated to 5.5293 to the dollar by 1200 GMT, compared to Monday's closing weighted average of 5.5254.