The price of the dollar has stabilized in Egyptian banks during today’s trading in light of the decline in its price on the black market, and the price of the dollar, according to Central Bank of Egypt screens, is now £24.76 for sale , with most foreign and Arab currency prices stable.
The price of the dollar today
- The price of the dollar in the Central Bank of Egypt today is 24.6889 pounds for buying and 24.7656 pounds for selling.
- The price of the dollar in the National Bank of Egypt reached £24.66 for buying and £24.71 for selling.
- Its price in Banque Misr reached £24.66 for buying and £24.71 for selling.
- The dollar exchange rate at the Commercial International Bank in Egypt is at the level of 24.70 pounds for the purchase and 24.77 pounds.
dollar on the black market
The dollar’s black market price saw a significant drop after hitting £37, then fell to the £28 level, according to economic reports, which attributed the drop in the dollar’s black market price to the Central Bank’s decisions. .
According to a statement by the Central Bank of Egypt, a group of illegal practices related to the foreign exchange market, aimed at destabilizing the country’s monetary and financial stability, have been monitored in violation of the provisions of the law to obtain quick profits in illegal ways, and the Central Bank has promised violators to take legal dissuasive measures in accordance with the Central Bank and Banking Law of 2020. .
The Central Bank of Egypt has clarified that anyone manipulating the purchase or sale of foreign currency is punishable, according to the text of article 212, with imprisonment of not less than three years and not more than ten years and with a fine of up to to not less than one million pounds sterling and not more than five million pounds pounds, or the sum of money used for the offence, if greater. The penalty applies to those who operate in foreign exchange outside the authorized banks or institutions authorized to do so, or which carries out money transfer activities without obtaining a license in accordance with the provisions of article (209) of this law.
exchange rates
| the coin | Acquire | sale |
| Price in US dollars | £24.6889 | £24.7656 |
| The price of the euro | £26.2912 | £26.3827 |
| The price of the British Pound | £29.8390 | £29.9490 |
| The price of the Swiss franc | £26.6417 | £26.7360 |
| The price is 100 Japanese yen | £18.4935 | £18.5524 |
| The price of the Saudi riyal | £6.5644 | £6.5901 |
| The price of the Kuwaiti dinar | £80.6220 | £80.8988 |
| The price of the UAE dirham | £6.7223 | £6.7437 |
| The price of the Chinese yuan | £3.5389 | £3.5510 |
