The dollar retreated by one penny against the pound (one pound = 100 piasters) in 5 banks: Attijariwafa International, Alexandria, The United Bank, the International Arab Bank and the Arab African Bank.
The price of the dollar scored 4 different levels in Egyptian banks, with a difference of 3 piasters between the highest and lowest price.
The price of 15.67 pounds to buy and 15.77 pounds to sell the dollar dominated 11 banks.
Yesterday, the results issued by the Central Agency for Public Mobilization and Statistics in Egypt showed that the general consumer price index recorded 107.5 points for the month of September 2020, maintaining the general level of August prices, to record the monthly inflation rate “zero” during the past month.
The statement stated that the annual inflation rate for all of Egypt was 3.3% for September 2020, compared to 4.3% for the same month of the previous year.
Earlier, the Central Bank of Egypt announced that Egypt’s foreign exchange reserves had risen to 38.425 billion dollars last September, compared to 38.366 billion dollars at the end of last August.
Foreign reserves in Egypt have continued their successive rise since June, in a trend that confirms the ability of the Egyptian economy to regain the momentum it achieved before the Corona pandemic, as well as the ability of the Egyptian pound to continue its decline against the dollar.
The highest dollar rate
The highest price of the dollar came at 15.68 pounds for purchase and 15.78 pounds for sale in 5 banks, which are Abu Dhabi Islamic Bank, National Kuwait, Greece’s National Bank, Egypt Export Development, and Egypt Iran Development.
The lowest price for a dollar
The lowest price for the dollar came at 15.65 pounds for purchase and 15.75 pounds for sale in the Commercial International Banks, Alexandria, The United Bank, the International Arab Bank and the Arab African Bank.
The dollar recorded a higher price of one penny at 15.66 pounds for purchase and 15.76 pounds for sale at Suez Canal Bank.
Dominant price
The price of 15.67 pounds for purchase and 15.77 pounds for sale on the dollar dominated 11 banks: Al-Ahly of Egypt, Banque Misr, Al-Baraka, Credit Agricole, Bloom Misr, Odeh, Al-Mashreq, Sayeb, Al-Ahly Kuwait, Industrial Development and Al-Masry Al-Khaleeji
The price of the euro and sterling
The euro scored 18.41 pounds for purchase and 18.65 pounds for sale in the National Bank of Egypt, while the sterling exchange rate reached 20.24 pounds for purchase and 20.57 pounds for sale.
Real, dirham, and dinar prices
The Saudi riyal was recorded at 4.09 pounds for purchase and 4.20 pounds for sale, in the National Bank, while the exchange rate of the Emirati dirham was 4.24 pounds for purchase and 4.29 pounds for sale.
The Kuwaiti dinar recorded 48.76 pounds for purchase and 51.53 pounds for sale, on the National Bank of Egypt screen.
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