settle down The price of the dollar in Egypt front side Egyptian PoundToday, Thursday, most of the banks operating in Egypt, The green currency rate remained constant in the Central Bank of Egypt at 15.70 pounds for purchase and 15.80 pounds for sale.
Sheep stability Dollar In most banks, the Suez Canal Bank decided to raise the value of the green currency by one penny compared to yesterday’s price.
According to a survey conducted by “Al-Ain News” on the dollar prices of 23 operating banks in Egypt, the market is witnessing a great stability, after a successive decline in the dollar.
The dollar recorded 3 different price levels in banks, with a difference of only two pennies between the highest and lowest rates.
The price of 15.71 pounds for buying and 15.81 pounds for selling the dollar dominated 19 out of 23 banks surveyed, indicating the state of stability in the market.
This comes amid successive news over the past days that express positive indicators for the Egyptian economy.
Yesterday, the Egyptian Cabinet approved a stimulus package to support the tourism sector, which is an important source of foreign currency in the country.
These incentives included extending the current flight stimulus program until December 31, and continuing to exempt tourists coming to some tourist cities from paying visa fees.
Yesterday, Egypt sold the region’s first sovereign green bonds worth $ 750 million.
The coverage of the offering was nearly 5 times its size, with the value of investor purchase orders amounting to about $ 3.7 billion.
The five-year bonds sold out and were initially marketed at a yield of 5.75% before being reduced to 5.25%.
Lowest dollar rate
The lowest price for the dollar came at 15.70 pounds for purchase and 15.80 pounds for sale at the National Bank of Egypt, the largest government bank, and it is the same price in the Egyptian and Alexandria Banks.
Dominant price
The price of 15.71 pounds for purchase and 15.81 pounds for sale on the dollar dominated the dollar at 19 banks, which are Industrial Development, the Egyptian Export Development Company, the Egyptian Gulf Bank, the United Bank, and the Kuwaiti Al-Ahli Bank – Egypt.
The same price was also repeated on the screens of the banks of the Arab International Bank, the National Kuwait, Odeh, Al Ahli Greece, Reconstruction and Housing, International Trade, Arab African International, Bloom Egypt, Misr Iran for Development, Al Mashreq, Al Baraka, Sayib, Arab Investment and the Suez Canal.
The highest dollar rate
The dollar recorded the highest exchange rate at Abu Dhabi Islamic Bank at 15.72 pounds for purchase, and 15.82 pounds for sale.
The price of the euro and sterling
The euro recorded 18.34 pounds for purchase and 18.57 pounds for sale in the National Bank of Egypt, and the sterling recorded 20.10 pounds for purchase and 20.33 pounds for sale.
The price of the riyal, dirham and dinar
The Saudi riyal recorded 4.11 pounds for purchase and 4.21 pounds for sale, in the National Bank, and the Emirati dirham recorded 4.25 pounds for purchase and 4.30 pounds for sale.
The Kuwaiti dinar recorded 48.85 pounds for purchase and 51.58 pounds for sale, on the National Bank of Egypt screen.
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