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The greenback fell against the Egyptian pound early Sunday.
The exchange rate of the dollar has fallen sharply in trade against the pound, where it fell between 3 and 5 piastres in several banks operating in Egypt. The dollar has fallen more than 1.45 pounds since the beginning of this year.
According to the latest update, the dollar price at the National Bank of Egypt and Egypt fell by 3 dollars to reach 16.35 pounds on sale and 16.45 pounds on sale, while the price in dollars dropped 4 piastres to the Commercial International Bank to record 16.32 pounds on sale and 16.42 pounds on sale, and 16.44 pounds on sale Books for sale
At the National Bank of Greece, the dollar lost 5 piastres at 16.34 pounds with the purchase and 16.44 pounds for sale, according to the Vito door.
It should be noted that the exchange rate in Egyptian banks is determined according to the mechanism of supply and demand, which had started with the liberalization of the exchange rate on November 3, 2016, plus l & # 39; Foreign currency supply "dollar" was important and the decline in the dollar's lowest demand.
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