settle down US dollar priceAt the close of trading today, Saturday, May 21, 2022, in operating banks In the local market, and exchange companies, once morest the Egyptian pound, following witnessing dollar price A big move following the Central Bank’s decision to raise interest rates on deposit and borrowing.
The price of the US dollar, once morest the Egyptian pound, in the National Bank of Egypt, Egypt and Cairo, reached 18.23 pounds for purchase, and 18.29 pounds for sale.
The price of the dollar, at the Commercial International Bank – Egypt, scored regarding 18.24 pounds for purchase, and 18.31 pounds for sale, and the official price announced by the Central Bank of Egypt recorded regarding 18.21 pounds for the dollar for purchase, 18.32 pounds for sale, while the average selling price was regarding 18.22 pounds for purchase. For sale, 18.31 pounds.
Currencies witnessed limited movements as a result of weak trading activity before the end of the year, and the US dollar index declined slightly during this week’s trading by “-0.36%” on the back of improving risk sentiment despite the increase in new infections due to the Corona virus.