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Bulletin Eye
Sunday, 9/9/2019 10:44 am Abu Dhabi time
The price of the dollar in Egypt
Despite a calm demand, the average dollar price in Egypt stabilized Sunday against the Egyptian pound in banks and foreign exchange companies after several days of decline, with an average purchase of 16.5 pounds against 16 , 6 books for sale, according to the resellers.
The average price in dollars has been recorded National Bank of Egypt 16.5 pounds to buy for 16.6 pounds for sale, the same price in the banks of Egypt and international commercial and national African and Greek.
Traders said: Islamic Bank of Abu Dhabi offer The highest price of the US currency Registered 16.53 pounds to buy and 16.63 pounds on sale, followed by the banks of the Suez Canal and the return of Egypt and Iran to buy 16.52 pounds for 16.62 pounds on sale.
The Egyptian pound has gained about 7% against the dollar since the beginning of the year.
For the rest of the foreign currencies and according to the prices of the National Bank of Egypt, the purchase price of the euro at 18.09 pounds and the sale price at 18.35 pounds and the price of 20.03 pounds sterling to buy against 20.29 pounds on sale.
At the level of the Arab currencies, installed The price of Saudi riyal For now, 4.39 pounds with the purchase and 4.42 pounds on sale, and the dirham set at 4.49 pounds for the purchase and 4.51 pounds for sale, while the price of the Kuwaiti dinar at 54.28 pounds with the purchase and sale amounts to 54.63 pounds.
The Egyptian central bank said Monday that the country had received Egyptian remittances working abroad worth about $ 3 billion in May, up 43% from $ 2.1 billion in April.
Remittances from foreign workers are a major source of foreign exchange in Egypt and contribute significantly to Egypt's cash reserves.
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