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Friday, 9/9/2019 10:51 am Abu Dhabi time
The dollar fell in Egypt
The average dollar rate in Egypt continued on Friday, against the Egyptian pound, for the fourth day in a row, at 16.37 pounds at the time of purchase and 16.47 pounds at the sale, in exchange for foreign exchange companies, ATMs and bank branches at airports and major hotels.
The Egyptian pound started its uptrend against the dollar in the second half of January 2019, which the central bank attributes to an increase in dollar cash flows.
The price of the dollar at the National Bank of Egypt, the largest public bank in the country, costs about 16.37 pounds, against 16.47 pounds on sale, down two dollars from Thursday, the highest rate low among the Egyptian banks.
Banks United Bank, Audi, the Suez Canal, Credit Agricole Egypt, the Arab African Bank, Bloom and Piraeus bought the bank note at 16.44 pounds against 16.54 pounds.
While the price in dollars in the banks of Egypt and Albaraka and Egypt for the development of exports and the Egyptian gulf to 16.45 pounds to buy compared to 16.55 pounds on sale.
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 £ 17.88 has decreased by approximately 12 dollars, while the selling price is is £ 18.23, up 7 piastres, and the pound sterling price to buy £ 20.10, down 10 piastres from £ 20.35 for sale, up nearly of a penny. A compared to the prices of yesterday.
In the Arab currencies, the price of the Saudi Arabian riyal amounted to 4.35 pounds and that of the dirham to 4.45 pounds, the price of the dirham to 4.45 pounds and to 4.48 pounds to the sale, while that the price of the Kuwaiti dinar at 53.82 pounds was 54.22 pounds.
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