Currency rates stabilize today, Thursday, 8-10-2020 against the Egyptian pound

We publish currency rates today, Thursday, 8-10-2020, against the Egyptian pound, due to the lack of transactions today due to the disruption of work in all banks operating in Egypt, next Thursday, corresponding to October 8, 2020, on the occasion of the Armed Forces Day October 6, instead of Tuesday Corresponding to 6 October 2020.

According to the latest updates of a number of different banks, foremost of which is the National Bank of Egypt, we publish currency rates against the Egyptian pound today, which came as follows:

Dollar price today

The price of the dollar today against the Egyptian pound, according to the latest updates of the National Bank of Egypt, reached 15.67 pounds for purchase, and 15.77 pounds for sale.

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The price of the European euro today

The exchange rate of the euro against the Egyptian pound today, according to the latest updates of the National Bank of Egypt, reached 18.37 pounds for purchase, 18.58 pounds for sale.

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The price of the British pound today

The exchange rate of the pound sterling against the Egyptian pound, according to the latest updates of the National Bank of Egypt, was 20.13 pounds for purchase, 20.38 pounds for sale.

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The price of the Saudi riyal today

The exchange rate of the Saudi riyal against the Egyptian pound, according to the latest data of the National Bank of Egypt, and it is fixed at the price of the riyal 4.09 pounds for purchase, and 4.20 pounds for sale.

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The Kuwaiti dinar price today

The exchange rate of the Kuwaiti dinar against the pound, according to the latest data of the National Bank of Egypt, amounted to 48.76 pounds for purchase, and 51.54 pounds for sale.

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The Turkish lira fell against the dollar today, Thursday, to touch a record low reached in the previous session due to the damage to sentiment due to concerns about possible US sanctions, conflict in the Caucasus region, and turmoil in relations with the European Union.

The lira recorded 7.89 against the dollar, to test its weakest level on Wednesday, when it closed at 7.8815 pounds against the dollar.

The Turkish currency has lost 25 percent of its value this year, mainly due to concerns about the dissipation of the central bank’s foreign exchange reserves and costly interventions in the currency market. But geopolitical concerns are now a major factor.

A Republican and a Democrat in the U.S. Senate called on President Donald ’s administration on Wednesday to impose sanctions on Turkey for its purchase of Russias S-400 anti-aircraft defense system, after a report that Turkey may intend to conduct a comprehensive test.

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