Currency rates diverged today, Wednesday, 7-10-2020 against the Egyptian pound

Currency rates varied today, Wednesday, 7-10-2020, against the Egyptian pound, compared to the close of yesterday’s transactions, as the euro, the sterling pound, and the Kuwaiti dinar witnessed a slight decline, while the dollar and the Saudi riyal stabilized against the Egyptian pound, according to the latest updates of a number of different banks, foremost of which is the National Bank. The Egyptian Pound, we publish currency rates against the Egyptian pound today, which came as follows:

Dollar price today

The price of the dollar stabilized today against the Egyptian pound, according to the latest updates of the National Bank of Egypt, at 15.68 pounds for purchase and 15.78 pounds for sale.

The price of the European euro today

The exchange rate of the euro fell against the Egyptian pound today, according to the latest updates of the National Bank of Egypt, and reached 18.38 pounds for purchase, 18.55 pounds for sale, compared to 18.44 pounds for purchase, 18.62 pounds for sale.

The price of the British pound today

The exchange rate of the pound sterling against the Egyptian pound decreased, according to the latest updates of the National Bank of Egypt, and reached 20.17 pounds for purchase, 20.39 pounds for sale, compared to 20.25 pounds for purchase, 20.52 pounds for sale.

The price of the Saudi riyal today

According to the latest data of the National Bank of Egypt, the exchange rate of the Saudi riyal has stabilized against the Egyptian pound, and it is fixed at 4.10 pounds for purchase and 4.20 pounds for sale.

The Kuwaiti dinar price today

The Kuwaiti dinar exchange rate decreased against the pound, according to the latest National Bank of Egypt data, and reached 48.79 pounds for purchase, 51.57 pounds for sale, compared to 48.82 pounds for purchase, and 51.58 pounds for sale.

The sources confirmed that the production of the new currency denominations will be carried out with the latest lines of currency production in the world and with insurance specifications that are the most recent at the international level, confirming that the new denominations of 10 pounds and 20 pounds will be traded along with the applicable currency denominations“.

Banknotes are printed according to an economic calculation that takes into account the rate of increase in prices of goods and services produced within the country, the “inflation rate” and the achieved economic growth rate, and the “banknote” is printed on the basis of calculating the volume of “cash” circulating within the Egyptian economy.

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