A big surprise in the price of the Emirati dirham today in banks and the black market is witnessing great competition to obtain the dirham

2023-08-18 08:07:09

The UAE dirham is considered one of the important currencies in the region, and many follow its movements, especially against the Egyptian pound. Let’s take a quick look at its fluctuations during today’s trading.

The stability of the UAE dirham price

Today, we did not witness sharp fluctuations in the price of the dirham against the Egyptian pound. The price of the dirham was fixed in the Central Bank of Egypt at 8.42 pounds for sale and 8.39 pounds for purchase, and in Blom Bank it recorded 8.43 pounds for sale and 8.35 pounds for purchase.

Details of dirham prices in Egyptian banks

Egypt BankSelling at 8.40 pounds and buying at 8.38 pounds. National Bank of EgyptFixing the price at 8.40 pounds for sale and 8.38 pounds for buying. Suez Canal Bank8.43 pounds for sale and 8.39 pounds for purchase. Faisal Islamic BankPrice stability at 8.43 pounds for sale and 8.39 pounds for purchase. Abu Dhabi Commercial Bank8.43 pounds for sale and 8.35 pounds for purchase. Credit Agricole Bank8.42 pounds for sale and 8.39 pounds for purchase. Bloom Bank8.43 pounds for sale and 8.36 pounds for purchase. Al Baraka Bank8.43 pounds for sale and 8.28 pounds for purchase.

Black market transactions

Despite the stability in prices inside banks, we notice fluctuations in the black market, as the Emirati dirham reached 10.62 pounds for sale and 10.09 pounds for buying.

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