[ad_1]
The exchange rates registered today Saturday 5-12-2020, stable against the Egyptian pound, due to the absence of transactions in banks on Friday and Saturday due to an official holiday, so the dollar closed today at 15.60 pounds to purchase and £ 15.70 for sale, according to the latest updates from the National Bank of Egypt.
The “thermometer” of the currency is the performance of the economies of the countries, and when there are flows of dollars and capital in hard currency, this works to support the strength of the currency and, within the framework of progress and improvement of Egyptian economic indicators significantly during the last period, the price of the pound against the dollar has reversed in recent months With the rebound of the local currency against its US counterparts, this performance is expected to continue in the next period , with the advance of economic indicators and the improvement of the 5 basic dollars resources for Egypt.
The exchange rate in Egyptian banks is determined according to the supply and demand mechanism, and the higher the supply of dollars and the lower the demand, the lower the price of the dollar.
According to the latest updates from several different banks, the main of which is the National Bank of Egypt, we released today the exchange rates against the Egyptian pound, which were as follows:
Price in dollars today
The price of the dollar stabilized today against the Egyptian pound, according to the latest updates from the National Bank of Egypt, at 15.60 pounds for the purchase and 15.70 pounds for the sale.
The price of the European euro today
The exchange rate of the euro against the Egyptian pound today, according to the latest updates from the National Bank of Egypt, is 18.87 pounds for purchase, 19.09 pounds for sale.
The price of the British pound today
The exchange rate of the British pound against the Egyptian pound, according to the latest updates from the National Bank of Egypt, was 20.83 pounds for purchase, 21.14 pounds for sale, compared to yesterday’s price of 20, £ 90 for purchase and £ 21.07 for sale.
The price of the Saudi riyal today
The exchange rate of the Saudi riyal was set against the Egyptian pound, according to the latest data from the National Bank of Egypt, and the price of the riyal was set at 4.07 pounds for purchase and 4.18 pounds for sale.
The price of the Kuwaiti dinar today
According to the latest data from the National Bank of Egypt, the exchange rate of the Kuwaiti dinar against the pound reached 48.62 pounds for purchase and 51.58 pounds for sale.
