The price of the dollar in Egypt today Sunday, August 11, 2019

The dollar settled Sunday in Egypt against the Egyptian pound, in connection with limited transactions with foreign exchange companies, ATMs and bank branches at major airports and hotels. Average purchase price EGP 16.51 for EGP 16.61 on sale.

Banks operating in the Egyptian market began their holiday at Eid al-Adha from Sunday, July 13 to Tuesday, July 13, while the dollar is trading in the bank branches of major airports and hotels.

Egyptian seaside resorts generally experience a high participation of Arab tourists during the holiday period.

The tourism sector is a key pillar of the Egyptian economy, a livelihood for millions of citizens and a major source of foreign exchange.

Egypt wants to increase the number of tourists to 12 million in 2019-2020, an increase of about 11% over the previous year.

The dollar rate was marked at National Bank of EgyptThe largest state bank, 16.51 pounds to buy and 16.61 pounds on sale, the same price in the branches of the Egyptian Gulf Banks, Credit Agricole, Arab Bank and of the United Bank.

The offer of the Islamic bank of Abu Dhabi The highest price of the dollar At 16.53 EGP at purchase and 16.63 EGP at the sale.

Egypt's net foreign reserves reached $ 44.917 billion at the end of July, up from $ 44.352 billion at the end of June, according to data from the central bank.

And settled The price of the euro To buy for 18.46 pounds for 18.64 pounds for sale, the price of sterling to buy 19.97 pounds and the sale 20.23 pounds.

As far as Arab currencies are concerned, the price of Saudi Arabian riyal is 4.38 pounds for sale and 4.48 pounds for United Arab Emirates dirham for purchase and 4.52 pounds for sale.

The purchase price of the Kuwaiti dinar was 54.27 pounds, compared to 54.70 pounds for sale, according to the National Bank of Egypt, unchanged.