The price of the dollar stabilized today in Egypt, on the morning of Thursday, May 19, 2022, on the screens of the Central Bank and government and private banks.
The price of the dollar today in Egypt
The average price of the dollar in Egypt, according to website data Egyptian Central Bank This morning, to 18.22 pounds for purchase, and 18.30 pounds for sale, which is the same price yesterday.
In the National Bank of Egypt, the largest government bank, the price of the dollar remained at 18.23 pounds for purchase, and 18.29 pounds for sale, which is the same price as yesterday, Wednesday.
At Banque Misr, the same rates were repeated by the National Bank.
Traders in Egypt are awaiting the meeting of the Monetary Policy Committee of the Central Bank of Egypt today.
The price of the dollar at the Commercial International Bank stabilized at 18.24 pounds for purchase, and 18.31 pounds for sale, which is the same price as yesterday.
The foreign exchange market in Egypt is awaiting the next meeting of the Monetary Policy Committee of the Central Bank of Egypt, scheduled for later today, Thursday, to determine interest rates on the pound.
It is noteworthy that the exchange rate of the Egyptian pound has fallen by regarding 18% since the interest rate hike last March, and the Egyptian economy was damaged following emerging markets witnessed an exit by foreign investors.
The price of the euro and the pound sterling today in Egypt
The average price of the European euro fell, according to the Central Bank of Egypt website, to regarding 19.17 pounds for purchase, and 19.26 pounds for sale, compared to 19.20 pounds for purchase, and 19.29 pounds for sale, yesterday.
While the price of the euro in the National Bank of Egypt increased, to the level of 19.13 pounds for purchase, and 19.31 pounds for sale, compared to 19.01 pounds for purchase, and 19.30 pounds for sale, yesterday.
At Banque Misr, the same trading prices were repeated in the National Bank.
At the Commercial International Bank, the price of the euro rose, to regarding 19.16 pounds for purchase, and 19.34 pounds for sale, compared to 19.02 pounds for purchase, and 19.32 pounds for sale, yesterday.
The average price of the pound sterling, in the banking market, according to the Central Bank of Egypt, fell to regarding 22.64 pounds for purchase, and 22.75 pounds for sale, compared to 22.74 pounds for purchase, and 22.86 pounds for sale, yesterday.
The prices of the riyal, dirham and dinar today in Egypt
The average price of the Saudi riyal, according to the Central Bank of Egypt’s website, settled at the level of 4.85 pounds for purchase, and 4.88 pounds for sale.
In the National Bank of Egypt, the price of the Saudi riyal remained at the level of 4.85 pounds for purchase, and 4.87 pounds for sale.
At Banque Misr, the same rates were repeated by the National Bank.
The price of the Saudi riyal at the Commercial International Bank also stabilized at the level of 4.85 pounds for purchase, and 4.88 pounds for sale.
The average price of the UAE dirham in the banking market did not change, according to the Central Bank of Egypt, recording regarding 4.96 pounds for purchase, and 4.98 pounds for sale.
The price of the Kuwaiti dinar, according to the Central Bank of Egypt website, remained at 59.34 pounds for purchase, and 59.77 pounds for sale.