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The median overnight interbank rate on the Egyptian pound was slightly higher at 11.575 percent on Tuesday compared with 11.55 percent on Monday, with a majority of deals made for longer periods, brokers said.

Three out of 10 banks contacted by Reuters reported overnight deals, while six dealt for periods up to two weeks.

The median one-week rate reported was 11.64 percent, rising to 11.65 for two-week deals.

In recent days mostly overnight deals had been reported.

The dollar slipped against major currencies on Friday as a rebound in European share prices eased some risk aversion fears, but trade was subdued ahead of U.S. payrolls data later in the day.

Investors tentatively sold off the dollar and low-yielding yen and bought into riskier assets, including higher-yielding currencies such as the euro and sterling.

The euro EUR rallied around one percent to a session high of $1.2850, according to Reuters data. It later trimmed some gains but held above a low of $1.2654 earlier in the day. The dollar JPY fell 0.4 percent to 97.38 yen.