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Economy
Price in dollars today
Prices in dollars fell today 5-9-2019 in the majority of banks operating in the Egyptian market early in the morning. Trading began on Thursday, while the price was in the main banks operating in Egypt between 16.46 and 16.50 pounds to buy, 16.56 and 16.60. For sale
This decline is due to the stability of the currency supply in the market and to the expectations of a continuing decline supported by increasing supply and availability of currencies.
The Egyptian Central Bank (CBE) announced on Wednesday that its foreign exchange reserves amounted to $ 44.969 billion at the end of August, about $ 52 million, to reach unprecedented levels, reaching $ 449.969 billion. $ 449.916 billion in July.
The dollar fell in banks and the dollar price to the National Bank of Egypt and Bank Misr by two dollars to record 16.48 pounds to buy and 16.58 pounds for sale, as well as the price in dollars at the International Commercial Bank of 4 piastres to record 16.46 pounds at the purchase and 16.56 pounds for sale, while in Arab African Bank The International Bank lost a penny to record 16 , 49 pounds for purchase and 16.59 pounds for sale, while at the National Bank of Greece and the Agricultural Bank and at the Bank for Export and Development, the dollar reached 16.50 pounds to purchase and 16.60 pounds for sale, and recorded about 16.52 pounds. Books to buy and 16.62 books for sale.
The dollar has fallen more than one pound and 35 piastres since the beginning of this year. The policy was broadcast in Egypt to coincide with the floating of the Egyptian pound on November 3, 2016.
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