Latest Dollar Prices and Gold Rates in Egypt: Ras El Hekma Deal Impact

Latest Dollar Prices and Gold Rates in Egypt: Ras El Hekma Deal Impact

2024-02-28 08:15:00

Mahmoud Askar wrote Wednesday, February 28, 2024 10:15 AM

to attest The price of the dollar on the black market (Parallel) declined sharply in trading today and yesterday evening, as it recorded 48.33 pounds for buying, 47.83 pounds for selling, amidst a state of confusion and almost a halt in the parallel market since the announcement of the signing of Ras El Hekma deal On the northern coast.

and difference Dollar prices on the black marketDepending on the size of the demand for the dollar, and according to the location, businessmen, for example, demand large amounts of dollars in transactions with large merchants on the black market, and thus the price is higher than for those who have a limited amount of dollars that they obtained from their expatriate relatives, for example, and so on.

While the price of the dollar stabilized once morest the Egyptian pound in banks operating in Egypt, where its price was recorded at the National Bank of Egypt and the Bank of Egypt at 30.75 pounds for purchase, 30.85 pounds for sale, while at the Commercial International Bank (CIB) it was recorded at 30.85 pounds for purchase, 30.95 pounds for sale.

As recorded gold prices In morning trading on Wednesday, it rose by regarding 30 pounds, bringing gold to record a level of 3,050 pounds per gram of 21 karat gold, which is the best-selling item in Egypt today, amid continuous changes in gold prices in the markets.

The value of 24 karat was 3,486 pounds, while 21 karat was 3,050 pounds, 2,614 pounds for 18 karat, 14 karat was 2,033 pounds, and the gold pound was worth regarding 24,400 pounds.

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