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The US dollar has been growing steadily in the Egyptian banks for two months, after the sharp drop in February and its price reached £ 16 during the period. The official festival of factories in China and import depend on the Egyptian market. We publish in this article the dollar price today in all public and private Egyptian banks according to an updated calendar in case of price variation, as well as the lowest purchase and sale prices. Green.
The dollar exchange rate Monday 12-8-2019
The average dollar prices of Egyptian banks currently range from £ 16.56 to £ 16.66. The dollar is falling as prices continue to fall. The exchange rate of the dollar today in all Egyptian banks.
The dollar price today in Egyptian banks
Lowest price: 16.52Mashreq Lowest price for sale: 16.58 Commercial International Bank (CIB)
Following the decision of the Egyptian Central Bank to float the dollar in February 2016, the Egyptian government took action and pbaded legislation to eliminate the parallel market. The price in the Egyptian banks is almost non-existent, the difference between the bank rate and the parallel market being now from 5 to 10 dollars, and the fall or the rise of the price has become linked to the exchange rate of the dollar in the banks. Factors Influencing Dollar Prices in Egypt The price of the dollar depends on the buying and selling movement or the so-called supply and demand policy, where the law of supply and demand is the principal one. mechanism to determine the price of the dollar against the pound sterling in banks operating in the local market. Egyptian citizen ie, for the most important reasons is the impact of the dollar price on all imported products as well as the prices of gasoline, energy and gold, as well as a large group of Egyptians working abroad are transferring money in US currency to their parents in Egypt and are therefore looking for the owner of the bank The best price to convert the dollars into Egyptian pound and the dollar is expected to increase in Egypt during the period coming, in the approach of Ramadan and Eid al-Fitr, and importers rushed to import to meet the needs of the Egyptian market. Forecast for the state of the dollar over the coming period US dollar prices have fallen about 1 LE of its value over the past period. The decline continues with the increase in the supply of green currency in Egyptian banks and the lack of demand, especially after the Egyptian government's willingness to rely on the local product in its operations Manufacturing. In addition to increasing the remittances of Egyptians working abroad, the US dollar is expected to reach 16 pounds or slightly less by the end of this year 2019. Mr. Amr al-Jarhi, former Minister of Finance, has reduced the price of imported goods to 16 pounds, through the Ministry of Finance, to reduce even slightly the prices of imported products. He then continued the decision after the appointment of Mr. Mohammed Maait, Minister of Finance, usually representing the price of the customs dollar. % Of dollar prices in Egyptian banks. A new decision on the price of the customs dollar, in which the Egyptian Ministry of Finance decided to liberalize the price of the customs dollar for all products that fall under the name of provocative or recreational products, where the price was released at 17.97 pounds. These products include cigarettes, soap, toiletries, perfumes, cosmetics and Gifts, toys, soap, household and electrical items, certain types of fish and fruit. 
Rates in customs dollars
The dollar exchange rate remained stable on Monday 12-08-2019 in banks, where the dollar exchange rate today at Al Baraka Bank 16.51 for the purchase, while the price sales was 16.61 pounds, while in the National Bank of Egypt the purchase is at 16.51 while the selling price is set at 16.61 EGP, while at the Bank of Alexandria, the purchase price is 16.49 LE and the selling price is 16.59 LE. Your comments on your expectations regarding the dollar exchange rate in banks for the coming period are welcome.
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