The prices of the Egyptian pound fell against the US dollar and foreign currencies on the black market today, Friday, December 1, after the Egyptian pound improved earlier.
Exchange rates deteriorated again, and the price of the Egyptian pound against the dollar reached 48.90 for purchase and 49.90 for sale, after it declined yesterday, Thursday, due to remittances from expatriates at the end of the month.
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Against the Saudi riyal, exchange rates also deteriorated and reached 13.06 pounds for purchase and 13.32 pounds for sale today, Friday.
The pound deteriorated again because the improvement was due to remittances from expatriates at the end of the month, and it is not known where prices will go.
Friday’s decline in exchange rates was a shock to traders after hopes for improvement.
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2023-12-01 19:04:00
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