The US dollar exchange rates once morest Egyptian Pound In Wednesday’s trading, it rose, with the markets anticipating a decision to reduce the price of the local currency.
The Egyptian pound is under great pressure due to the repercussions of the Russian-Ukrainian war on the economy, as it led to an increase in the cost of importing basic commodities and fuel, and the exit of regarding 20 billion dollars of indirect foreign investments in Egyptian debt instruments.
The Central Bank of Egypt raised the dollar selling price to EGP 19.42 and EGP 19.34 for buying.
In the National Bank of Egypt and Banque Misr, the dollar exchange rate recorded a level of 19.34 pounds for purchase and 19.4 pounds for sale.
In private banks, the exchange rate at the Commercial International Bank recorded a level of 19.36 pounds for purchase, and 19.42 pounds for selling, and the exchange rate of the green American paper reached 19.34 pounds for purchase, and 19.42 pounds for sale at the Arab African Bank, and the exchange rate at Abu Dhabi Islamic Bank reached a level 19.39 pounds for purchase, and 19.42 pounds for sale.
The exchange rate of the euro in the National Bank and Banque Misr recorded a level of 19.25 pounds for purchase, and 19.44 pounds for sale. At the Central Bank of Egypt, the average exchange rates of the euro once morest the Egyptian pound recorded a level of 19.32 pounds for purchase, and 19.40 pounds for sale.
The exchange rate of the pound sterling at the National Bank of Egypt and Banque Misr recorded a level of 22.2 pounds for purchase, and 22.44 pounds for sale.
In the Central Bank of Egypt, the average price of the pound sterling once morest the Egyptian pound recorded a level of 22.33 pounds for purchase, 22.42 pounds for sale.
In the Arab world, the exchange rate of the Saudi riyal once morest the Egyptian pound at the National Bank of Egypt and Banque Misr recorded a level of 5.13 pounds for purchase, and 5.16 pounds for sale, and the exchange rate of the UAE dirham recorded a level of 5.26 pounds for purchase, and 5.28 pounds for sale. While the Kuwaiti dinar exchange rate once morest the Egyptian pound reached 60.46 pounds for purchase, and 62.86 pounds for sale.