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Currency rates: Kuwaiti dinar decline and the stability of the dollar for the week

10:32 am

Friday 24 April 2020

I wrote – Shaima Hefzy:

The exchange rate of the dollar against the pound continued, during the past week, for the fifth week in a row, while the euro, sterling, and Kuwaiti dinars rose.

The price of the dollar in the National Bank of Egypt yesterday, 15.68 pounds for purchase and 15.78 pounds for sale, the same price as a month ago.

On Thursday, the euro fell against the pound, to record 16.87 pounds for purchase, 17.10 pounds for sale, compared to 17.02 pounds for purchase and 17.22 pounds for sale, according to National Bank data.

On Thursday, the price of the British pound decreased to 19.30 pounds for purchase and 19.53 pounds for sale, compared to 19.53 pounds for purchase and 19.77 pounds for sale.

The Kuwaiti dinar fell to 49.81 pounds for purchase yesterday, 50.6 pounds for sale, compared to 49.86 pounds for purchase and 51.13 pounds for sale last Thursday.

The price of the Saudi riyal fell against the pound, a penny to record 4.11 pounds for purchase and 4.19 pounds for sale.

The price of the UAE dirham stood at 4.25 pounds for purchase and 4.30 pounds for sale, and the Qatari riyal to record 4.13 pounds for purchase and 4.33 pounds for sale.

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