Dollar Prices Since the Flotation
– Dollar prices fell today compared to the previous week
– Dollar prices declined during the current year
Dollar prices today at the central bank
Below we review Dollar prices today Sunday 23 February 2020, foreign exchange rates:
Dollar prices today in the Egyptian Central Bank
The prices of the dollar hit Sunday, buying 15.49 pounds and selling 15.62 pounds, according to the latest update of the Central Bank of Egypt.
The price of the euro
While the euro price today, Sunday, bought 16.80 pounds, and sold 16.91 pounds.
Pound sterling price
The pound sterling today, Sunday, recorded a purchase of 20.09 pounds, and sold 20.21 pounds.
Swiss franc
The price of the Swiss franc today, Sunday, bought 15.83 pounds, and sold 15.94 pounds.
The price of 100 Japanese yen
The price of the Japanese yen 100 today, Sunday, it recorded 13.88 pounds, and sold 13.97 pounds.
The price of the Chinese yuan
Today, Sunday, the Chinese yuan bought 2.20 pounds and sold 2.22 pounds.
– The reason for the decline in dollar prices today
Dr Mostafa Abu Zaid, director of the Egypt Center for Economic and Strategic Studies, said that there was a decline The dollar For its lowest level since the beginning of the current calendar year until today, it confirms the positive effects of the economic reform that the government has carried out over the previous years.
Abu Zaid added, in a phone call to “Sadd Al-Balad”, that it would be reviewed The dollar Confirms the recovery of the national economy after the net remittances of workers abroad reached at the end of last November more than $ 11 billion, and improved Egyptian tourism and exports.
He explained that all tributaries of foreign exchange helped raise the size of the country’s cash reserves to currently record about $ 45.5 billion by the end of last January, considering that it had reduced the demand for foreign currency and supported the stability of the pound before it.
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