The price of the dollar declined today, Tuesday 23-5-2023 on the black market, as a result of several reasons, most notably its stability in banks for the third month in a row, and the increase in the cash reserves in the Central Bank of foreign currencies by about $ 104 million, to reach about 34,551 by the end of April 2023.
$14 billion
and drop support dollar price In the parallel market, it rose to the level of 35 pounds to 37 pounds, after it recorded 40 and 41 a few days ago, a decline of about 6 pounds. The statements of Mohamed Maait, Minister of Finance, were reported by Bloomberg Agency, in which he confirmed that tourism revenues are expected by the end of the fiscal year 2022-2023, which ends June 30, It could reach $14 billion.
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Among the minister’s statements, Maait said that in December of this year, the country will witness the start of recovery and the stability of the Egyptian pound’s exchange rate, and the start of controlling inflation, in addition to the state’s ability to pay its financial obligations and the improvement of the exchange rate by the end of this year. On the other hand, the pound rose against the US currency in the futures market, where the one-month pound contract traded around 32.9, after it recorded 35.3 a few days ago.
Central bank decision
As for the Monetary Policy Committee of the Central Bank of Egypt, it decided, in its meeting last Thursday, to keep the rates of the return on deposit and lending for one night and the price of the main operation of the Central Bank at the level of 18.25%, 19.25% and 18.75%, respectively.
Dollar prices today
Dollar prices today are of interest to many, and have witnessed stability in banks since Friday, March 10, according to the latest updates published by banks on their official websites, to be stable for a full 721 days.
Dollar prices in the central bank
And about the price of the green paper against the pound, in the Central Bank of Egypt, it came as follows:
- 1 dollar = 30.83 pounds after 30.84 pounds for purchase.
- 1 dollar = 30.93 after 30.95 pounds for sale.
The highest price of the dollar today
The American recorded the highest price among banks for sale, in the Egyptian Gulf Bank as well as the Suez Canal Bank, as it recorded today as follows:
- $1 = 30.85 pounds for purchase.
- 1 dollar = 30.95 pounds for sale.
The price of the dollar against the pound, buying and selling
And the price recorded today in banks, stable between 30.75 pounds for purchase as the lowest price, and 30.95 pounds for sale as the highest price.
The price of the dollar against the Egyptian pound, the National Bank
The price of green against the Egyptian pound in the National Bank today was as follows:
- $1 = 30.75 pounds for purchase.
- 1 dollar = 30.85 pounds for sale.
The lowest price of the dollar today
The American recorded the lowest exchange rate against the pound, at the National Bank of Egypt today, to reach 30.75 pounds for purchase.
The dollar against the Egyptian pound, Banque Misr
Regarding the green price against the Egyptian pound in Banque Misr, it came as follows:
- $1 = 30.75 pounds for purchase.
- 1 dollar = 30.85 pounds for sale.
2023-05-23 02:46:00
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