Dollar price stability today, Saturday 5-12-2020 in Egypt

The price of the US dollar stabilized today, Saturday 5-12-2020, in some banks operating in Egypt, due to the lack of transactions in banks on Friday and Saturday due to the public holiday, and it is stable at the National Bank of Egypt priced at 15.60 pounds to buy, 15.70 pounds to sell, and to the Central Bank Al-Masry was set at 15.61 pounds to buy and 15.71 pounds for sale.

The “thermometer” of currency is the performance of countries’ economies, and when flows of dollars and hard currency capital occur, it helps to sustain the strength of the currency, and as part of the progress and development. significant improvement in Egyptian economic indicators over the past period, the price of the pound against the dollar has reversed in recent months. With the rise of the local currency against its American counterparts, and this performance should continue in the coming period, with the progression of economic indicators and the improvement of 5 basic resources in dollars for Egypt.

The exchange rate of Egyptian banks is determined by the mechanism of supply and demand, and the higher the supply of dollars and the lower the demand, the lower the dollar price.

According to the latest updates from a number of different banks, the first of which is the National Bank of Egypt, today we are releasing the dollar price against the Egyptian pound, which looks like this:
The price of the dollar at the Central Bank of Egypt

15.61 books to buy.

15.71 books for sale.

The price of the dollar at the National Bank of Egypt

15.60 books to buy.

15.70 books for sale.

The dollar price at Misr Bank

15.60 books to buy.

15.70 books for sale.

The price of the dollar in Bank Audi

15.62 books to buy.

15.72 books for sale.

The price of the dollar at the Bank of Alexandria

15.61 books to buy.

15.72 books for sale.

The price of the dollar at the Bank of Cairo

15.62 books to buy.

15.72 books for sale.