“The Price of the Dollar Today: Latest Updates and Trends in the Egyptian Market”

fell The price of the dollar today 24-5-2023 in the parallel market, at a value of up to 6 pounds for the first time, in a strong blow to the black market as a result of the increase in cash reserves and expectations that tourism revenues will reach $14 billion by the end of the fiscal year 2022-2023, which ends on June 30.

6 pounds

The price of the dollar in the parallel market fell to the level of 35 pounds to 37.5 pounds, after it recorded 40 and 41 a few days ago, a decline of about 6 pounds, in conjunction with the statements of Finance Minister Mohamed Maait, who confirmed that in December of this year the country will witness the start of recovery and the stability of the pound exchange rate. Egyptian, and start controlling inflation.

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Central bank decision

And the Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting last Thursday, to keep the rates of the return of deposits and lending for one night and the price of the main operation of the Central Bank at the level of 18.25%, 19.25% and 18.75%, respectively.

Dollar prices today

Many are interested in researching dollar prices today, which is of interest to many and has witnessed stability in banks since Friday, March 10, according to the latest updates published by banks on their official websites, to be stable for a full 73 days.

Dollar prices in the central bank

And about the price of the green paper against the pound, in the Central Bank of Egypt, it came as follows:

• 1 dollar = 30.83 pounds after 30.84 pounds for purchase.
• 1 dollar = 30.93 after 30.95 pounds for sale.

The highest price of the dollar today

The American recorded the highest price among banks for sale, in the Egyptian Gulf Bank as well as the Suez Canal Bank, as it recorded today as follows:

• $1 = 30.85 pounds for purchase.
• 1 dollar = 30.95 pounds for sale.

The price of the dollar against the pound, buying and selling

And the price recorded today in banks, stable between 30.75 pounds for purchase as the lowest price, and 30.95 pounds for sale as the highest price.

The price of the dollar against the Egyptian pound, the National Bank

The price of green against the Egyptian pound in the National Bank today was as follows:

• $1 = 30.75 pounds for purchase.
• 1 dollar = 30.85 pounds for sale.

The lowest price of the dollar today

And the American recorded the lowest exchange rate against the pound, at the National Bank of Egypt today, to reach 30.75 pounds for purchase.

The dollar against the Egyptian pound, Banque Misr

Regarding the green price against the Egyptian pound in Banque Misr, it came as follows:

• $1 = 30.75 pounds for purchase.
• 1 dollar = 30.85 pounds for sale.