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The Central Bank raises the selling price of the dollar in Egypt to this level

The exchange rates of the US dollar against Egyptian pound In trading on Wednesday, it rose, with markets anticipating the decision to reduce the price of the local currency.

The Egyptian pound is under severe pressure due to the repercussions on the economy of the Russian-Ukrainian war, which led to an increase in the costs of importing raw materials and fuels, and the outflow of approximately $ 20 billion in foreign investment. indirect in Egyptian debt instruments.

The Central Bank of Egypt raised the dollar’s selling price to EGP 19.42 and EGP 19.34 for the purchase.

In the National Bank of Egypt and Banque Misr, the dollar exchange rate registered a level of 19.34 pounds for the purchase and 19.4 pounds for the sale.

In private banks, the exchange rate at the Commercial International Bank registered a level of 19.36 pounds for the purchase and 19.42 pounds for the sale, and the US Green Paper exchange rate reached 19.34 pounds. for the purchase and £ 19.42 for the sale at the Arab African Bank and the exchange rate of the Abu Dhabi Islamic Bank reached a level of £ 19.39 for the purchase and £ 19.42 for the sale .

The exchange rate of the euro in the National Bank and Banque Misr recorded a level of 19.25 pounds for the purchase and 19.44 pounds for the sale. At the Central Bank of Egypt, the average exchange rates of the euro against the Egyptian pound recorded a level of 19.32 pounds for the purchase and 19.40 pounds for the sale.

The exchange rate of the pound sterling at the National Bank of Egypt and Banque Misr recorded a level of 22.2 pounds for the purchase and 22.44 for the sale.

In the Central Bank of Egypt, the average price of the pound against the Egyptian pound recorded a level of 22.33 pounds for buying, 22.42 for selling.

In the Arab world, the exchange rate of the Saudi riyal against the Egyptian pound at the National Bank of Egypt and Banque Misr recorded a level of 5.13 pounds in buying and 5.16 pounds in selling, and the exchange rate of the dirham of the United Arab Emirates recorded a level of 5.26 pounds for the purchase and 5.28 pounds for the sale. While the exchange rate of the Kuwaiti dinar against the Egyptian pound reached 60.46 pounds for the purchase and 62.86 pounds for the sale.

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