Home » Business » The high price of the euro … and the disparity of the rest of the currencies today, Sunday 11-29-2020

The high price of the euro … and the disparity of the rest of the currencies today, Sunday 11-29-2020

Currency rates varied today, Sunday 11-29-2020, against the Egyptian pound with the beginning of the morning trading of banks, and the price of the dollar today settled at 15.59 pounds for purchase, and 15.69 pounds for sale, according to the latest updates of the National Bank of Egypt.

The price of the currency “thermometer” is the performance of the countries’ economies, and when dollar flows and capital in hard currency occur, this works to support the strength of the currency, and within the framework of the progress and improvement of the Egyptian economic indicators significantly over the past period, the price of the pound against the dollar has been reversed during the past months. With the rise of the local currency against its US counterparts, and this performance is expected to continue in 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 supply and demand mechanism, and the higher the dollar supply and the lower the demand for it, the lower the dollar price.

According to the latest updates of a number of different banks, foremost of which is the National Bank of Egypt, we publish currency rates against the Egyptian pound today, which came as follows:

Dollar price today

The price of the dollar stabilized today against the Egyptian pound, according to the latest updates of the National Bank of Egypt, at 15.59 pounds for purchase, and 15.69 pounds for sale.

The price of the European euro today

The exchange rate of the euro rose against the Egyptian pound today, according to the latest updates of the National Bank of Egypt, to 18.56 pounds for purchase, 18.77 pounds for sale compared to its price before it was 18.53 pounds for purchase, and 18.73 pounds for sale.

The price of the British pound today

The exchange rate of the pound sterling against the Egyptian pound varied, according to the latest updates of the National Bank of Egypt, and reached 20.71 pounds for purchase, 20.99 pounds for sale compared to its price before it was 20.78 pounds for purchase, 21.01 pounds for sale.

The price of the Saudi riyal today

The exchange rate of the Saudi riyal was fixed against the Egyptian pound, according to the latest data of the National Bank of Egypt, and the price of the riyal was fixed at 4.07 pounds for purchase, and 4.18 pounds for sale.

The Kuwaiti dinar price today

The exchange rate of the Kuwaiti dinar against the pound varied, according to the latest National Bank of Egypt data, and it reached 48.62 pounds for purchase, 51.36 pounds for sale, compared to its price before it was 48.59 pounds for purchase, and 51.40 pounds for sale.

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