For the second consecutive day the price of the dollar against the Egyptian pound is witnessing a state of stability, in light of a state of expectation in a market suffering from a shortage of hard currency.
The calm state of the markets in the past couple of days comes after a series of leaps in the US currency against the Egyptian pound, in light of expectations of a further rise in the dollar, in the official hard currency market, or as the Egyptians describe it as the “white market”.
The price of the dollar in the central bank
The price of the dollar changed in the Central Bank of Egypt today, Friday, and the purchase price rose to 19.61 pounds.
While the selling price fell to 19.68 pounds, compared to 19.60 pounds for the purchase and 19.70 pounds for the sale, yesterday, Thursday.
The price of the dollar in Egyptian banks
While the dollar price in the National Bank of Egypt (the largest government bank) stabilized at £ 19.61 for buying and £ 19.67 for selling, which is the same price as yesterday.
The issue was no different in Commercial International Bank (the largest private bank in Egypt) and today, Friday, prices remained stable at around £ 19.63 for the purchase and £ 19.69 for the sale, which are the same prices as yesterday, Thursday.
The price of gold today in Egypt and the Arab countries
Gold price now in Egypt (buy)
21 caliber prices: 1072 pounds
24 caliber prices: 1225 pounds
18 caliber prices: 918.85 pounds
14 caliber prices: 716.7 pounds
Gold price now in Egypt (sale)
21 caliber prices: 1060 pounds
24 caliber prices: 1213 pounds
18 caliber prices: 910 pounds
14 caliber prices: £ 709
The price of gold today in Saudi Arabia:
The price of one gram of 24 karat gold is approximately 206.41 riyals.
The price of 22-karat gold is around 189.21 riyals.
The price of 21-karat gold at 180.61 riyals.
The price of 18-karat gold at 154.81 riyals.
The price of 14-karat gold was around 120.40 riyals.
The price of gold today in the United Arab Emirates
The price of one gram of 24-karat gold: 202 dirhams.
The price of one gram of 22 carat gold: 185.17 dirhams.
The price of one gram of 21 karat gold: 176.75 dirhams.
The price of one gram of 18-karat gold: 151.5 dirhams.
The price of one gram of 14 karat gold: 117.94 dirhams.
The price of gold today in Kuwait:
The price of 24-karat gold is around 17.08 dinars
The price of 22-karat gold is around 15.66 dinars.
The price of 21-karat gold is around 14.95 dinars.
The price of 18-karat gold is around 12.81 dinars.
The price of 14-karat gold is around 9.97 dinars.