We follow with you through our website the price of the euro today, Thursday, 2/1/2020 against the Egyptian pound in government and private banks, as many individuals in Egypt follow it, and the euro reached its highest level in four months, at a time when the demand for the dollar decreased, to be optimistic about Trade relations between the United States and China increased investor expectations of the dollar’s decline, and this encouraged them not to buy them as a safe haven.
The price of the euro on Thursday
The price of the euro against the Egyptian pound witnessed today a case of rises in the Egyptian banks, where the price of the euro in the dealings of the National Bank of Egypt reached 17.86 pounds for purchase, and 18.03 pounds for sale, as recorded in the Central Bank of Egypt 17.86 pounds for purchase, and 18.00 pounds for sale, compared to the conclusion Yesterday’s dealings.
As investors welcomed the experts ’forecast of price hikes at the beginning of this year, by 8%, and previously the euro rose by $ 1.1211, which is the strongest level since last August, due to the decline in the dollar index against competing currencies by 0.1%.
Currency rates against the Egyptian pound
Due to the loss recorded in the past days, the general index gains reached a contraction of 0.6%, the dollar fell against the Japanese yen and lost 0.3%, and the British pound rose 0.2% to 1.3106 dollars, and against the euro fell 0.1% to 85.51 pence.
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