The price of the euro today in Egypt, Wednesday 21 September 2022

The price of the euro was recorded today in Egypt during trading on the morning of Wednesday 21 September 2022 at the Central Bank, commercial banks and ATMs.

The price of the euro today in Egypt

The price of the euro rose in Egypt today with the Central Bank reaching the level of 19.34 pounds for the purchase and 19.45 pounds for the sale, compared to 19.33 pounds for the purchase and 19.44 pounds for yesterday’s sale, according to the Central Bank bulletin.

While the price of the euro has changed today in Egypt at the National Bank of Egypt (the largest government bank), stable at the level of 19.30 pounds for the purchase, rising to 19.54 pounds for the sale, against 19 , £ 30 for the purchase, and £ 19.48 for sale yesterday. The same price was also repeated in Banque Misr.

While the price of the euro rose today in Egypt at Commercial International Bank CIB, to around £ 19.33 for the purchase and £ 19.56 for the sale, compared to £ 19.32 for buying and £ 19.50 for yesterday’s sale.

The price of the dollar today in Egypt

The price of the dollar in Egypt today at the Central Bank rose to the level of 19.38 pounds for the purchase and 19.48 pounds for the sale, compared to 19.35 pounds for the purchase and 19.46 pounds for the sale. yesterday’s sale, according to the CBE bulletin.

And the dollar price rose today at the National Bank of Egypt (the largest government bank) to the level of £ 19.39 for the purchase and £ 19.45 for the sale, compared to £ 19.37 for the purchase and 19.43 for yesterday’s sale. The same price was repeated in Banque Misr.

The dollar price in Egypt today at Commercial International Bank CIB rose to around £ 19.41 for the purchase and £ 19.47 for the sale, compared to £ 19.39 for the purchase and 19.45 for the yesterday’s sale.

The Monetary Policy Committee of the Egyptian Central Bank, responsible for setting interest rates, will meet tomorrow, Thursday, while the Egyptian Central Bank has two more meetings until the end of the year.

Thursday’s meeting gains a different importance and great momentum, especially as it comes the day after the US Federal Reserve meeting, during which US interest rates are expected to rise.

The latest decision by the Central Bank of Egypt last August was to set interest rates unchanged at 11.25% and 12.25% for deposits and loans, respectively.

Most of the economists’ views went to the Central Bank of Egypt which adopted a strict monetary policy, raising the interest rate by 1% or 2% during the meeting the day after tomorrow in the face of inflation and supporting the pound .

While the research of the investment bank, Hermes, predicted that the Central Bank of Egypt would raise interest rates by 100 basis points (1%).

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