Cairo – Mubasher: Dollar exchange rates against the Egyptian pound stabilized at the start of its trading today, Tuesday, in Egyptian banks.
The dollar’s exchange rate has seen significant movement against the Egyptian pound, as it jumped between £2.35 for buying and about £2.40 for selling in Egyptian banks last week, according to Middle East News Agency.
And in the two largest banks by assets and transactions, the National Bank of Egypt and Banque Misr, the exchange today registered £27.40 buying and £27.45 selling.
In private banks, the dollar exchange rate in the Commercial International Bank recorded £27.45 for the buy and £27.55 for the sell, and in the Egyptian Gulf Bank it recorded £27.55 for the buy and £27.65 per sale.
In the Central Bank, the average price of the dollar against the Egyptian pound was £27.53 for purchases and £27.61 for sales.
As for the major currencies, the European currency, the euro, has seen a significant increase between 14-15 piasters, buying and selling in Egyptian banks.
In the National Bank and Banque Misr, it recorded £29.37 for the purchase and £29.49 for the sale.
And in the Commercial International Bank, £29.42 to buy and £29.60 to sell.
In the Central Bank, the average price of the euro against the Egyptian pound was £29.41 for purchases and £29.51 for sales.
The British Pound has rallied between 12-8 piasters, roughly buying and selling in Egyptian banks.
In the National Bank and Banque Misr he recorded £33.31 in buying and £33.48 in selling.
In the Commercial International Bank, he recorded £33.37 for the purchase and £33.60 for the sale.
In the Central Bank, the average prices of the pound against the Egyptian pound recorded 33.39 pounds for purchases and 33.51 pounds for sales.
In the Arab world, the Saudi riyal registered £7.28 against the Egyptian pound in buying and £7.30 in selling at the National Bank.
And the UAE dirham was up today to £7.46 for buys and £7.47 for sell.
And the Kuwaiti dinar registered £86.59 buying and £89.75 selling… according to the National Bank.