Table of Contents
- 0.1 Dollar price today
- 0.2 About 800 billion pounds
- 0.3 Central Bank Decision
- 0.4 Central bank dollar rate
- 0.5 National Bank of Egypt dollar price
- 0.6 today, the stock price of Banque Misr
- 0.7 today, the stock price of Abu Dhabi Commercial Bank
- 0.8 Today, there is a dollar exchange rate in the International Commercial Bank
- 0.9 today, Cairo Bank stock price
- 0.10 The highest dollar price today is at Abu Dhabi Islamic Bank
- 0.11 today the price of a dollar in Egypt
- 0.12 Today, the USDe exchange rate is updated once a day
- 1 today the price of a dollar in Egypt
- 2 How has the recent liberalization of the Egyptian Pound’s exchange rate impacted foreign investment in Egypt, and what are the potential long-term effects on economic growth?
Many are looking for it The price of the dollar is in banks The Egyptian government and the private sector are very interested today, Saturday 11-23-2024, especially after the decision of the Central Bank, because the price of green vegetables saw a decline, according to the latest updates announced on the websites of various official banks. .
Dollar price today
register Dollar price today 49.62 EGP to buy at the lowest price yet 49.80 As the highest price yesterday, it is still declining from the highest price recorded in March last year, which was 50.85 pounds.
Dollar price today
About 800 billion pounds
According to data on the bank’s official website, the Central Bank of Egypt withdrew more than 792 billion pounds from the excess liquidity of banks operating in the country, during the weekly offer on Tuesday.
26 banks submitted bids in the tender offers with a rate of return of 27.75%, all of which were accepted by the Central Bank of Egypt.
The linked deposit mechanism is one of the open market tools for managing the amount of liquidity and absorbing its excess in the Egyptian banking system.
Central Bank Decision
At the end of their meeting, Thursday 11/21/2024, the Monetary Policy Committee of the Central Bank of Egypt decided to fix the overnight deposit and loan interest rates at 27.25% and 28.25%, respectively.
At its extraordinary meeting on March 6, the Monetary Policy Committee decided to raise the overnight deposit and lending rates and the main operating rate of the Central Bank by 600 basis points, reaching 27.25%, 28.25% and 27.75%, respectively also increased by 600 basis points to 27.75%..
Central bank dollar rate
The price of the dollar against the poundIn the Central Bank of Egypt, it was stated as follows:
1 dollar = 49.60 pounds to buy.
1 dollar equals 49.74 pounds for sale.
National Bank of Egypt dollar price
The price of the dollar against the Egyptian pound is in the National Bank todayIt came as follows:
1 dollar = 49.62 A pound to buy.
1 dollar = 49.72 Pound for sale.
National Bank of Egypt dollar price
The price of the National Bank of Egypt dollar before the recession
today, the stock price of Banque Misr
Regarding the greenback price against the Egyptian pound at Banque Misr, it was as follows:
1 dollar = 49.62 A pound to buy.
1 dollar = 49.72 Pound for sale.
today, the stock price of Abu Dhabi Commercial Bank
register The price of the dollar against the Egyptian pound At Abu Dhabi Commercial Bank:
1 dollar = 49.62 A pound to buy.
1 dollar = 49.62 Pound for sale.
Today, there is a dollar exchange rate in the International Commercial Bank
The highest price of the dollar against the Egyptian pound at the International Commercial Bank:
1 dollar = 49.62 A pound to buy.
1 dollar = 49.72 Pound for sale.
today, Cairo Bank stock price
The rate of the dollar against the Egyptian pound at the Bank of Cairo:
1 dollar = 49.62 A pound to buy.
1 dollar = 49.72 Pound for sale.
The highest dollar price today is at Abu Dhabi Islamic Bank
1 dollar = 49.84 A pound to buy.
1 dollar = 49.94 Pound for sale.
The highest dollar price today is at Abu Dhabi Islamic Bank
today the price of a dollar in Egypt
A large group is interested in knowledge Dollar price todayHe recorded a remarkable stability in government and private banks operating in Egypt, after recording a major peak at the end of August last year.
Today, the USDe exchange rate is updated once a day
The price of the dollar is updated daily in several government banks, as well as private banks operating in Egypt. The price of the dollar is determined continuously from time to time for one day, and this is the official price of the dollar according to the dollar. the latest update announced by the banks.
today the price of a dollar in Egypt
A large group is looking for Dollar price todayHe recorded a remarkable stability in government and private banks operating in Egypt, after recording a major peak at the end of August last year.
Dollar price today black market
As for the price of the dollar on the black market, it still worries some people, but needlessly these days After the parallel market reached unprecedented levels by March 6, i almost disappeared after the exchange rate was liberalized. its price became appropriate to its value against the pound in the banks officially, and what changes the equation is the entry of billions of dollars into the state treasury from a contract Ras al-Hikma, and as a result the exchange rate in the market will be adjusted.3
Today, the USDe exchange rate is updated once a day
The price of the dollar is updated daily in several government banks, as well as private banks operating in Egypt. The price of the dollar is determined continuously from time to time for one day, and this is the official price of the dollar according to the dollar. the latest update announced by the banks.
today dollar price in Egyptian banks
The price of the dollar is updated daily on the websites of Egyptian banks, whether government or private, as well as the Central Bank, according to the supply and demand movement in the market, except for holidays official, because the exchange rate was freed. from last March 6, leaving the green money to the principles of supply and demand, which was confirmed by the Prime Minister in a conference before the government.
2024-11-23 05:45:00
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How has the recent liberalization of the Egyptian Pound’s exchange rate impacted foreign investment in Egypt, and what are the potential long-term effects on economic growth?
This article provides a snapshot of the Egyptian Pound’s value against the US Dollar in various Egyptian banks, but it raises several interesting points that warrant further discussion. Let’s break it down into thematic sections and formulate some open-ended questions:
**1. The Fluctuating Exchange Rate**
* **Question:** The article states that the dollar price in Egypt has “recorded remarkable stability” after a peak in August. What factors contributed to this initial peak, and what are the forces keeping the rate relatively stable now?
* **Follow-up:** Some economists argue that a stable exchange rate is crucial for economic growth. Do you agree? What are the potential benefits and drawbacks of a stable exchange rate for Egypt’s economy?
**2. The Black Market and Official Exchange Rates**
* **Question:** The article mentions that the black market for US dollars “almost disappeared” after the exchange rate was liberalized. What were the consequences of a thriving black market, and what has been the impact of its decline?
* **Follow-up:** The liberalization of the exchange rate is presented as a positive development. Do you think there are any potential downsides to this policy, and how can the government mitigate them?
**3. The Role of the Central Bank**
* **Question:** The Central Bank plays a crucial role in managing the Egyptian Pound’s value. How does the Central Bank influence the exchange rate, and what tools does it have at its disposal?
* **Follow-up:** Some critics argue that central banks should not intervene in exchange rate markets. What are the arguments for and against central bank intervention?
**4. The Impact on the Egyptian Economy**
* **Question:** The article mentions that billions of dollars have been deposited into the state treasury. How do these inflows impact the Egyptian economy, and what are the long-term implications for the exchange rate?
* **Follow-up:** How do fluctuations in the exchange rate affect ordinary Egyptians?
**5. Economic Policy and the Exchange Rate**
* **Question:** The article touches on the impact of government economic policies on the exchange rate. What other economic policies could the Egyptian government implement to influence the value of the Egyptian Pound?
* **Follow-up:** What are the biggest challenges facing the Egyptian economy today, and how can the exchange rate be used as a tool to address these challenges?
By asking these open-ended questions, we can encourage a nuanced discussion about the complexities of the Egyptian currency market and the broader economic landscape.
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