| 20.9400 [1L'EuropeisoneoftheleadinginternationalcurrenciesandisanimportantEuropeanmarketplacebuildingonthestrengthoftheavailabilityoftradinginEgyptinthepreviousperiodandusedintheimportationofgoodsandproductswhichTheriseoftheeurobeforethecentraldecisiontofloatthecurrency
The euro has shown today a clear stability of the selling price, while the purchase price has stabilized at the beginning of trading after the decline. yesterday's trading, and in the afternoon, the purchase price of the euro showed a slight rise which has stabilized for a period.
The single euro at the time is subject to many changes in the Egyptian state, In addition to the emergence of "Forex trading, as well as digital currency."
Egyptian economists said that "the parallel market saw this increase because of the increased demand for the euro in foreign exchange activity." 19659002] Some experts have explained that "a lot of Apologies On the euro, which is an alternative to the US dollar, which is changing in the financial markets, some have added that "the rise in the euro due to the intensification of imports from European markets "and customer prices compared to the Egyptian pound today. The Egyptian foreign exchange market is stabilizing in the exchange rate of the US dollar, the Saudi Riyal and the continued appreciation of the euro, the pound sterling and the Kuwaiti riyal.
The exchange rate of the euro rose against the Egyptian National Bank currency The Egyptian currency is the selling price of LE 21.04 and the purchase price is LE 20.87
L & # 39; Euro is one of the largest foreign currencies and has an impact on the international level after the US dollar.
The single currency of the euro is included in the basket of major foreign currencies of the Central Bank of Egypt, which is composed of the monetary reserve of the Arab Republic of Egypt and is currently experiencing the exchange rate of the euro. ] The euro was registered to buy against the Egyptian currency At the Central Bank of Egypt, at 20 9323 EGP and at a sale price of 21 0936 EGP The price of the euro on the market black in Egypt reached LE 21.00 and the sale price increased to LE 21.10
. In April, the Egyptian government launched international bonds in the international market in the single currency of the euro and the government received for the first time 2 billion euros in history Egyptian government bonds.
The Black Market
The black market today has shown a marked weakness in the demand for the purchase of the euro in many regions Today, prices in euros have experienced a strong stabilization at the levels recorded by the euro over the past two days, while the euro has fallen today after the stability posted at the beginning of the exchanges.
The euro should see a gradual decline during the period According to statements of traders and traders on the black market
Euro price forecasts
A number of economists have predicted at the during the statements that they had announced that prices in euros were falling significantly and were falling during the transaction. During the coming period, experts have speculated on the following reasons:
-
- The dollar is revalued in the medium term as a result of a set of specific transactions that the United States seeks to improve on. American economy. The recovery of the value of the pound sterling
The forecasts of economists indicate many indicators, which show the recovery of the Egyptian economy and thus the recovery of the value of the pound when trading against foreign currencies . Including the euro, and as a result, the low value of the euro compared to the pound during the trading.
[ad_2]
Source link
Tags banks Black Egypt euro July market price Tuesday
| 
