Goldman Sachs: The pound is trading below its value and we expect the price to rise by a thousand

Goldman Sachs: The pound is trading below its value and we expect the price to rise by a thousand

2:26pm Wednesday 14 December 2022 I wrote – Shaima Hefzy: A Goldman Sachs report predicted that Egypt’s central bank will raise interest rates by 1% in a special meeting this week. The report, released this week, said the expected rise in interest rates comes to counter dollarisation, particularly as black-market dollar prices rose by more … Read more

The price of the dollar reaches new highs against the Egyptian pound • Al Marsad newspaper

The price of the dollar reaches new highs against the Egyptian pound • Al Marsad newspaper

Al-Marsad Daily – Agencies: The price of the dollar in Egypt continued to rise against the Egyptian pound in trading on Thursday morning. According to the official website of the Central Bank of Egypt, the exchange rate of the US green note rose to £24.44 for the purchase, compared to £24.53 for the sale. The … Read more

Record a new high. Find out the price of the dollar against the pound today, Wednesday, in 6 Egyptian banks

Record a new high.  Find out the price of the dollar against the pound today, Wednesday, in 6 Egyptian banks

Al-Marsad Daily: The price of the dollar rose today, Wednesday, against the Egyptian pound, after the Federal Reserve raised the interest rate by 75 basis points. The price of the dollar against the Egyptian pound today in 6 banks is as follows: – Bank Channel Suez The price of the dollar against the Egyptian pound … Read more

The stability of the exchange rates of the dollar against the pound at the start of weekly trading

The stability of the exchange rates of the dollar against the pound at the start of weekly trading

Exchange rates of the dollar against the Egyptian pound have stabilized at the beginning of its trading, today, Sunday, “the beginning of the weekly transactions” in Egyptian banks. In the two largest banks in terms of assets and transactions, “Al-Ahly and Egypt”, the dollar exchange rate recorded 24.15 pounds for the purchase and 24.25 for … Read more

Sixth grade math test 50 years ago … and a surprise on the price of the Egyptian pound compared to the riyal • Al Marsad newspaper

Sixth grade math test 50 years ago … and a surprise on the price of the Egyptian pound compared to the riyal • Al Marsad newspaper

Al-Marsad Newspaper: Activists circulated a photo of the sixth grade math test from 50 years ago on social media. The paper in circulation revealed that the test was carried out in the year 1394-1395 AH, that is, about 50 years ago. The test contains many questions that measure students’ thinking and their ability to solve … Read more

New losses for the Egyptian currency … and a new leap for the dollar against the pound

New losses for the Egyptian currency … and a new leap for the dollar against the pound

Al-Marsad newspaper: Dollar trade against the Egyptian pound ended the week with an increase of between 10 and 15 plates, so much so that the US dollar exchange rate was at the highest level of the Egyptian market, according to Al- Arabiya network. In the two largest banks in terms of assets and transactions, the … Read more

The price of the dollar today, Thursday 3-11-2022

The stability of the exchange rates of the dollar against the pound at the start of weekly trading

The price of the dollar against the Egyptian pound in banks operating in Egypt today, Thursday, at the National Bank of Egypt recorded 24,054 pounds for the purchase, 24.15 pounds for the sale, and in the Bank of Alexandria, it registered 24, £ 1 for purchase, £ 24.20 for sale, while Avi for the Central … Read more

Remarkable stability of the dollar price in banks in the morning of trading

The stability of the exchange rates of the dollar against the pound at the start of weekly trading

The price of the dollar against the Egyptian pound in banks operating in Egypt today, Tuesday, witnessed stability at the levels of the last transactions yesterday, Monday, as the price of the dollar in the National Bank of Egypt registered 23.90 pounds per l ‘purchase, 24 pounds for sale and the Bank of Alexandria recorded … Read more

In just 72 hours, the exchange rate of the Egyptian pound against the dollar fell by 22%

In just 72 hours, the exchange rate of the Egyptian pound against the dollar fell by 22%

Dubai, United Arab Emirates (CNN) – The exchange rate of the pound against the dollar fell by more than 22% within 3 days of implementing a flexible exchange system, so much so that the dollar registered 24.05 pounds per dollar. ‘purchase and 24.18 for sale at the Central Bank. Experts believe this decline will continue … Read more

After its historic decline against the dollar, find out the exchange rate of the Saudi riyal against the Egyptian pound

After its historic decline against the dollar, find out the exchange rate of the Saudi riyal against the Egyptian pound

Al-Marsad newspaper: today records the exchange of the Saudi riyal; A significant rally against the Egyptian pound after its sudden historic drop against the US dollar. The Central Bank of Egypt announced the adoption of a flexible exchange system for the Egyptian currency, the pound sterling, explaining that the exchange rate of the value of … Read more