Today, Sunday, June 28-2020, currency rates witnessed a difference between stability and depreciation against the Egyptian pound, in the beginning of the morning dealings with the first working days for banks. According to the latest updates of a number of different banks, especially the National Bank of Egypt, we publish currency rates against the Egyptian pound. Today, which came as follows:
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The price of the dollar today
The price of the dollar stabilized today against the Egyptian pound in some banks operating in Egypt, in the beginning of morning trading with the first working days for banks, recording 16.10 pounds for purchase, 16.20 pounds for sale in the National Bank of Egypt.
Euro rate today
The euro exchange rate fell against the Egyptian pound today, with the beginning of the National Bank of Egypt updates, and reached 18.02 pounds for purchase, 18.20 pounds for sale compared to yesterday’s price of 18.01 pounds for purchase, and 18.24 pounds for sale.
The price of the pound sterling today
The exchange rate of the British pound fell against the Egyptian pound today, with the beginning of the updates of the National Bank of Egypt, reaching 19.82 pounds for purchase, 20.14 side for sale compared to the price of yesterday 19.97 pounds for purchase, 20.19 pounds for sale.
The Saudi Riyal price today
The Saudi riyal exchange rate stabilized against the Egyptian pound today, with the start of the data of the National Bank of Egypt, and the riyal price of 4.20 pounds for purchase, and 4.31 pounds for sale.
Kuwaiti dinar rate today
The Kuwaiti dinar exchange rate fell against the pound today, with the start of the National Bank of Egypt data, and today its price hit 49.87 pounds for purchase, and 52.64 pounds for sale compared to yesterday’s price of 49.89 pounds for purchase, 52.69 pounds for sale.
The currency rate is a “thermometer” of the performance of the economies of countries. When dollar flows and capital occur in hard currency, this supports the currency’s strength, and in the context of progress and improvement of Egyptian economy indicators significantly over the past period, the price of the pound against the dollar was reversed during the past months With the rise of the local currency against its American counterparts, this performance is expected to continue during the coming period, with the progress of economic indicators and the improvement of 5 basic dollar resources for Egypt.
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