The price of the US dollar continued to decline once morest the Egyptian pound on the black market, as it fell 7 pounds at once, hours before the start of work in banks at the beginning of the new week, as the price of the US currency recorded today, Saturday, regarding 29 pounds, compared to 36 pounds in yesterday’s trading, bringing the price closer to the price of The official market in the banking sector, which ranges between 24 and 25 pounds in banks.
This comes hours following the Central Bank of Egypt decided to raise the interest rate by 3%, equivalent to 300 basis points, during the meeting of the Monetary Policy Committee at the Central Bank, to raise the interest rate on deposits to 16.25% and overnight borrowing to 17.25%, and the price of the main operation of the Central Bank at 16.75% and raising the interest rate on credit and discount from 16.75%.
The price of the dollar in today’s trading
The price of the dollar stabilized once morest the pound today, Saturday, on the second day of the weekend, and dealing in banks and exchange companies stopped, and the price of the dollar in the Central Bank today recorded regarding 24.68 pounds for purchase and 24.76 pounds for sale, and the US currency was recorded in Banque Misr at the level of 24.64 pounds for purchase and 24.69 pounds. Pounds for sale, and the exchange rate of the dollar in the National Bank reached 24.64 pounds as a specific level for buying and 24.69 as a specific level for selling.
And in the Suez Canal Bank, the price of the dollar recorded regarding 24.65 pounds for purchase and 24.75 pounds for sale, and it was recorded in the United Bank regarding 24.65 pounds for purchase, and 24.75 pounds for sale, and the price of the dollar in CIB Bank reached regarding 24.68 pounds for purchase and 24.75 for sale, and it reached Its price in the National Bank of Kuwait is 24.69 pounds for purchase and 24.75 pounds for sale.
The price of the American currency in the Egyptian Gulf Bank recorded regarding 24.72 pounds for purchase and 24.75 pounds for sale, while the price of 24.72 pounds for purchase and 24.75 pounds for sale was recorded in Abu Dhabi Islamic Bank, and the dollar in the Housing and Development Bank recorded regarding 24.7 pounds for purchase and 24.75 pounds for purchase. for sale.
