The dollar hits a new record on the black market against the pound

2023-08-30 15:53:54

Wednesday, 08-30-2023 06:53 PM

The price of the dollar rose today against the Egyptian pound by a slight percentage, as the price of the dollar in banks and exchange offices recorded an average of 30.89 Egyptian pounds for purchase, compared to 30.95 Egyptian pounds for sale, an increase of 0.10% from the closing price in the previous session.
With the news of Egypt’s approval of joining the BRICS group, whose aim is to obtain direct foreign investment with less expensive debts while reducing dependence on the dollar, the exchange rate of the dollar against the pound maintained its stability in bank transactions today, as the highest price for the dollar was recorded in the Egyptian Gulf Bank and the Egyptian Gulf Bank. The Suez Canal at 30.85 pounds, the purchase price, compared to 30.95 pounds, the sale price.

The price of the dollar in Banque Misr and the National Bank
The price of the dollar stabilized in Bank of Alexandria, Banque Misr and the National Bank, recording 30.75 Egyptian pounds for purchase, compared to 30.85 Egyptian pounds for sale, while the price of the dollar against the pound in the Central Bank today recorded 30.836 pounds for purchase, compared to 30.94 pounds for sale.

The price of the dollar today on the black market in Egypt
The price of the dollar today on the black market continued its decline for the second day in a row, after a week-long activity in the black market for currencies in Egypt, where the price of the dollar fell in the parallel market today, recording 39.30 pounds, the buying price and the selling price 40.30 pounds.

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The price of the euro against the Egyptian pound
The price of the euro in Egypt today against the pound in the Central Bank witnessed a slight increase, to record 33.41 Egyptian pounds for purchase, compared to 33.46 Egyptian pounds for sale, while the price of the euro in Banque Misr and the National Bank today recorded 33.25 pounds for purchase, compared to 33.43 pounds for sale.
The price of the euro against the pound on the black market

In a parallel line with the dollar, the price of the euro declined on the black market today compared to yesterday’s price, as the exchange rate of the euro today in the parallel market reached 42.52 pounds for purchase, compared to 43.6 pounds for sale.

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