2024/06/22

Dollar rates show relative stability against Egyptian pound

Dollar prices today Saturday exhibited relative stability against the Egyptian pound, with slight variations in rates across different banks. This stability reflects an improvement in the local economic and financial conditions, as the Central Bank of Egypt continues to support market stability through its monetary policies.

This stability in prices is expected to continue in the coming period, provided that positive economic conditions persist both domestically and globally. Expectations remain optimistic regarding the continued improvement in global demand for oil, which also supports the stability of dollar and other currency rates in the Egyptian market.

The Businessmen website provides its readers with daily updates on dollar rates in various banks. It is important for traders and investors to follow upcoming global economic and political developments, as external factors can impact financial markets, including currency markets.

Dollar Exchange rates against the Egyptian Pound in Saturday’s trading:

National Bank of Egypt:

Buying price: 47.66 EGP

Selling price: 47.76 EGP

Banque Misr:

Buying price: 47.66 EGP

Selling price: 47.76 EGP

Banque Du Caire:

Buying price: 47.66 EGP

Selling price: 47.76 EGP

Commercial International Bank (CIB):

Buying price: 47.66 EGP

Selling price: 47.76 EGP

Baraka Bank:

Buying price: 47.65 EGP

Selling price: 47.75 EGP

Suez Canal Bank:

Buying price: 47.66 EGP

Selling price: 47.76 EGP

Arab African International Bank (AAIB):

Buying price: 47.66 EGP

Selling price: 47.76 EGP

Crédit Agricole Egypt:

Buying price: 47.66 EGP

Selling price: 47.76 EGP

Alexandria Bank:

Buying price: 47.62 EGP

Selling price: 47.72 EGP

Black Market exchange rate on Saturday:

The dollar exchange rate in the black market is not significantly different from the bank rate. It may even be slightly lower outside the official market.