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The average price of the dollar in Egypt against the Egyptian pound on Wednesday, a slight rise of a penny at the beginning of trading with some banks and stockbrokers, the average price of 16.50 pounds to buy against 16.60 pounds for sale, "book = 100 piastres".
The price of the dollar at the National Bank of Egypt, the largest public bank in the country, has increased slightly to 16.51 pounds to buy, against 16.61 pounds for sale, the same price for Egyptian banks and the Arab banking company as well as for the export development of United Bank and Al Baraka and the Egyptian Gulf and Egypt.
The price of the greenback at the National Bank of Kuwait has increased by about one cent to 16.52 pounds to buy, against 16.62 pounds on sale, the same price on the banks of the Suez Canal and the return .
The dollar sits at the Islamic Bank of Abu Dhabi to record 16.53 pounds to buy and 16.63 pounds to sell, the highest price of Egyptian banks on Wednesday.
The price of the green currency at Commercial International Bank, Egypt's largest private bank, cost about £ 16.75 for a purchase price of £ 16.50 against a £ 20.00 selling price. identical for banks Blom and Ahli, Greece
While the dollar price in Alexandria banks, housing and development, the lowest level at 16.49 pounds to buy against 16.49 pounds for sale.
On Thursday, the Egyptian Central Bank lowered interest rates by 150 basis points, bringing the 24-hour deposit and lending rates to 14.25% and 15.25% respectively. The Egyptian pound has gained about 7% against the dollar since the beginning of the year.
For the rest of the foreign currencies and according to the prices of the National Bank of Egypt, the purchase price of the euro fell by 2 piastres to 18.29 pounds, and the selling price fell by 2 dollars to reach 18.41 pounds, while the price of the pound sterling increased by 10 piastres to buy 20.24 pounds to buy and 11 piastres to sell at 20.40 pounds.
As for the Arab currencies, the Saudi riyal price has seen a slight drop of about a penny to record 4.39 pounds at the time of purchase and 4.42 pounds for sale, while the dirham UAE was established relative to 4.49 pounds to buy and 4.51 pounds to sell, and the price of the Kuwaiti dinar rose by one penny at the record purchase price of 54.32 Books to buy while the selling price dropped by 3 piastres to fall to 54.69 pounds.
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