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The price of the dollar against the pound in banks “Odeh, Al-Masry Al-Khaleeji, Misr Iran for development, construction and housing, Al-Ahly from Kuwait, The United Bank, Commercial International Bank, Credit Agerlikol, Alexandria “reached 15.62 pounds to buy and 15.72 pounds for sale.
The price of the dollar against the Egyptian pound at the National Bank of Greece in Egypt was approximately 15.61 for sale and 15.71 pounds for purchase, and the price of the dollar against the Egyptian pound at the Arab International bank Banking Corporation reached 15.59 for the sale and 15.69 for the purchase.
And the Egyptian pound had performed well since the beginning of this year, despite the circumstances of the new Corona virus pandemic, and its economic effects on all markets, especially emerging ones, as the US dollar lost around 39 Piastres against the pound in the first 11 months of 2020.
On the other hand, the International Monetary Fund said in its latest report on Egypt that the Egyptian economy has performed better than expected, despite the Crown pandemic, as well as thanks to swift, comprehensive and balanced stimulus measures taken. by the government, the monetary policy response and financial sector initiatives aimed at For affected sectors and groups, and the request submitted by Egypt to the Fund in a timely manner to obtain financing through the “Rapid Financing Instrument” and the ” Standby Credit Agreement “of approximately $ 8 billion, to be granted to Egypt in various installments until June 30, 2021.
The International Monetary Fund had emphasized the need to continue vigorously implementing reform measures, including continued progress in implementing basic structural reforms, to build resilience in the face of shocks, which also ensures the preservation of investor confidence. in the future of the Egyptian economy.
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