The US dollar against the Egyptian pound recorded a remarkable stability in transactions today, Thursday 8/8/2024, according to the latest updates on screens showing currency rates against the Egyptian pound Many people asking about the movement of the price of the dollar against the pound Information about the value of the Egyptian pound to the loti is updated once a day.
In its report, the Banker website monitors the latest updates on the dollar within the Egyptian banking market, which came at the end of trading at the following levels:
The price of the dollar is in the Central Bank of Egypt
The average price of the dollar against the Egyptian pound on the website of the Central Bank was 49.16 pounds to buy, and 49.30 to sell.
The price of the dollar is in the National Bank of Egypt
The price of the dollar on the website of the National Bank of Egypt reached 49.15 pounds for buying, and 49.25 for selling.
The price of the dollar is in the Bank of Egypt
The official website of the Bank of Egypt showed the price of the dollar against the Egyptian pound at 49.15 pounds for buying, and 49.25 for selling.
The dollar price is in Faisal Islamic Bank
The price of the dollar at Faisal Islamic Bank reached 49.15 pounds for buying, and 49.25 for selling.
The price of the dollar is in the Arab Investment Bank
The price of the dollar against its Egyptian counterpart at the Arab Investment Bank reached 49.15 pounds for buying, and 49.25 for selling.
The price of the dollar in Abu Dhabi Islamic Bank
The price of the dollar against its Egyptian counterpart in the branches of the Islamic Bank of Abu Dhabi reached 49.22 for buying and 49.32 for selling.
The dollar price is in NBD Emirates Bank
The price of the dollar against the pound at Emirates Bank NBD reached 49.15 for buying and 49.25 for selling.
Liberalization of the exchange rate
The official price of the dollar moved in banks working in Egypt on Wednesday, March 6, 2024, for the first time since March 9, 2023.
The Central Bank aims to continue its efforts to move towards a flexible framework for targeting inflation, by continuing to focus on it as the mainstay of monetary policy, and at the once allowing the exchange rate to be determined according to market mechanisms.
The official price of the dollar was fixed in the Central Bank of Egypt at 30.83 for buying and 30.96 for selling, about a year ago, which was almost the highest price that banks had fixed at the time that.
As soon as the Central Bank allowed the exchange rate to be liberalized, the dollar rose in all banks operating in Egypt, surpassing the price of 49 pounds at the end of business a day at that time, and in some of them it exceeded 50 pounds.
2024-08-07 23:21:40
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