Strong decline of the dollar. Decrease of 130 piastres related to the improvement of economic indicators



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The US dollar is heavily depreciated against the Egyptian pound, along with improving indicators of the Egyptian economy thanks to the economic reform program initiated by Egypt since 2014.

The US dollar has lost about 130 piastres from its value since last August, rising from 17.79 pounds on the purchase and 17.89 pounds on the sale, recording 16.50 pounds with the purchase and 16.60 pounds. books for sale at the end of the first week of August.

The dollar price on Thursday 5-9-2019 was £ 16.4839 at the purchase and £ 16.5839 for sale.

The price of euro euro 18,1521 pounds to buy, and 18,2721 pounds for sale, and the price of pounds 20,0807 pounds to buy, 20,2174 pounds on sale.

The Swiss franc hit 16.7434 pounds to buy, 16.8467 pounds to sell, 100 yen to 15.5128 pounds to buy and 15.6157 pounds to sell.

As regards the Arab currencies, the price of the Saudi riyal was £ 4.3948 and that of the sale of £ 4.4217, that of the Kuwaiti dinar of £ 54.2091 and £ 54.6187 for sale, and the price of the United Arab Emirates dirham at 4,472 million pounds at the purchase and 4,5153 pounds for sale.

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