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The average price of the dollar in Egypt is stable against the Egyptian pound, where it recorded 16.5 pounds to buy against 16.6 pounds for sale in foreign exchange companies, ATMs and bank branches. in airports and big hotels, yesterday and Friday.
The dollar price at the National Bank of Egypt, the largest public bank in the country, has risen slightly by about 1 cent to 16.5 pounds to buy for 16.6 pounds on sale, the same price for banks Egypt and the Arab Bank as well as for United Bank and Albaraka and Bloom and for Egyptian Egyptian Development Development and the Suez Canal and Return and Agricultural Credit.
The dollar has settled at the Islamic Bank of Abu Dhabi at 16.52 pounds at the purchase and 16.61 pounds for sale, the highest price of Egyptian banks.
The price of the green currency was set at Commercial International Bank, Egypt's largest private bank, to register 16.5 pounds to buy and 16.6 pounds to sell.
While the dollar price in Alexandria banks and construction and housing, the lowest level at 16.49 pounds to buy against 16.59 pounds for sale.
Last week, the Egyptian Central Bank lowered interest rates by 150 basis points, bringing the rates of sight deposits and loans to 14.25% and 15.25% respectively.
The Egyptian pound has gained about 7% against the dollar since the beginning of the year.
As for the rest of the currencies and according to the prices of the National Bank of Egypt, the purchase price of the euro fell by 3 piastres to 18.24 pounds, while the selling price stabilized at 18 , 40 pounds, while the price of the pound fell to 3 piastres to reach 20.10 pounds and the selling price of two cents to 20.30 pounds, to 20.30 pounds. At the prices of yesterday.
As far as Arab currencies are concerned, the price of the Saudi Arabian riyal has been set at £ 4.39 for the purchase and £ 4.42 for sale, while the UAE dirham has been established relatively at £ 4.49 for the purchase and £ 4.51 for the sale, and the price of the Kuwaiti dinar dropped from a penny to £ 54.31 for the purchase while the selling price has stabilized 54.69 pounds.
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