The price of the dollar continues today, Wednesday, 12-2-2020, for the fourth consecutive day against the Egyptian pound in some of the banks operating in Egypt, most notably the Central Bank of Egypt, Abu Dhabi Islamic Bank, and Bank Audi, where the exchange rate of the dollar in the central bank recorded 15.66 pounds for purchase, And 15.76 pounds for sale compared to its price yesterday 15.67 pounds for purchase, and 15.77 pounds for sale with a reduced capacity of one piaster, while the price of the Abu Dhabi Islamic Bank decreased and recorded 15.67 pounds for purchase, and 15.77 pounds for sale after it was yesterday price 15.68 pounds for purchase, and 15 .78 pounds for sale.
According to the latest updates of a number of different banks, foremost of which are the National Bank of Egypt, we publish the price of the dollar against the Egyptian pound during today’s trading, which came as follows:
The price of the dollar in the Egyptian Central Bank
15.66 pounds to buy, compared to 15.67 pounds, with a reduced shark capacity.
15.76 pounds for sale compared to 15.77 pounds for a reduced shark capacity.
The price of the dollar in Abu Dhabi Islamic Bank
15.67 pounds for purchase, compared to 15.68 pounds, with a reduced shark capacity.
15.77 pounds for sale, compared to 15.78 pounds for a reduced shark capacity.
The price of the dollar in Bank Audi
15.67 pounds for purchase, compared to 15.68 pounds, with a reduced shark capacity.
15.77 pounds for sale, compared to 15.78 pounds for a reduced shark capacity
The price of the dollar in the National Bank of Egypt
15.68 pounds to buy.
15.78 pounds for sale.
The price of the dollar in Bank of Alexandria
15.66 pounds to buy.
15.76 pounds for sale.
The price of the dollar in Banque du Caire
15.67 pounds to buy.
15.77 pounds for sale.
The price of the dollar in CIB
15.66 pounds to buy.
15.76 pounds for sale.
The price of the dollar in Banque Misr
15.68 pounds to buy.
15.78 pounds for sale.
The price of the dollar in the Housing and Development Bank
15.66 pounds to buy.
15.76 pounds for sale.
The price of the dollar in the Arab African Bank
15.66 pounds to buy.
15.76 pounds for sale.
The price of the dollar in the Suez Canal Bank
15.66 pounds to buy
15.76 pounds for sale.
The price of the currency is a “thermometer” the performance of the economies of countries. When dollar flows and capital occur in hard currency, this supports the strength of the currency, and within the framework of progress and improvement of Egyptian economy indicators significantly over the past period, the price of the pound against the dollar has 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.
The exchange rate in Egyptian banks is determined according to the mechanism of supply and demand, and the higher the dollar supply and the decrease in demand for it, the lower the dollar price.
– .
