The average exchange rate of the euro against the Egyptian pound rose in the morning trading Tuesday of banks and exchange companies.
The price of the European currency in the Central Bank of Egypt scored about 18.2443 pounds for purchase, and 18.3925 pounds for sale.
The Suez Canal Bank offered the highest price for the euro at 18,528 pounds, while the price in Banque Misr decreased to reach 18.3582 pounds.
The Egyptian pound received strong support in the face of foreign currencies from remittances from Egyptians abroad, which kept the money market stable for a long time.
Remittances from Egyptians working abroad rose to $ 27.8 billion in the 2019-2020 fiscal year, compared to $ 25.2 billion a year ago, according to data from the Central Bank of Egypt.
The price of the dollar and sterling
In bank transactions, the price of the dollar against the Egyptian pound was recorded, about 15.6576 pounds for purchase, and 15.7835 pounds for sale, while the price of the sterling decreased and recorded, 20.2218 pounds for purchase, 20.386 pounds for sale.
The price of the riyal, dirham and dinar
The price of the Saudi riyal was recorded against the Egyptian pound, about 4.174 pounds for purchase, and 4.208 pounds for sale, as for the Emirati dirham, it recorded about 4.262 pounds for purchase, and 4.297 pounds for sale, while the Kuwaiti dinar scored about 51.112 pounds for purchase, and 51.593 pounds for sale.
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