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The price of the dollar stabilized today, Friday 10-4-2020, the last days of the week, as the price of the dollar stabilized at the level of the banks operating in Egypt, and the price of the dollar stabilized at the end of yesterday’s operation, and recorded a variation in its price between several banks, and the average price was recorded at £ 15.68 for purchase, and £ 15.78 for sale in most banks operating in the Egyptian banking market, directed by the National Bank of Egypt.
According to the latest updates from several different banks, mainly the National Bank of Egypt, we published the exchange rates against the Egyptian pound during transactions, today, Friday, the last days of the week, which were as follows:
The price of the dollar at the Central Bank of Egypt.
£ 15.69 to buy.
£ 15.79 for sale.
The price of the dollar at the National Bank of Egypt
£ 15.68 to buy.
£ 15.78 for sale.
The price of the dollar in Banque Misr
£ 15.68 to buy.
£ 15.78 for sale.
The price of the dollar in Banque du Caire
£ 15.68 to buy.
£ 15.78 for sale.
The price of the dollar at the Islamic Bank of Abu Dhabi
£ 15.71 for purchase.
£ 15.80 for sale.
The price of the dollar in CIB
£ 15.70 for purchase.
£ 15.80 for sale.
The price of the dollar at the Bank of Alexandria
£ 15.69 to buy.
£ 15.79 for sale.
The price of the dollar at Bank Audi
£ 15.70 for purchase.
£ 15.80 for sale.
The price of the currency is a “thermometer” of the performance of the economies of the countries. When the flows of dollars and capital occur in hard currency, this supports the strength of the currency, and in the framework of the progress and improvement of the indicators of the Egyptian economy significantly during the last period, the price of the pound against the Dollar has been reversed in recent months. With the increase in the local currency against its US counterparts, this performance is expected to continue over the next period, with the progress of economic indicators and the improvement of 5 basic resources in dollars for Egypt.
The exchange rate in Egyptian banks is determined according to the supply and demand mechanism, and the higher the supply in dollars and the lower the demand, the lower the price in dollars.
