The price of the European euro stabilized today, Saturday 10-10-2020, against the Egyptian pound, in some banks operating in Egypt, due to the lack of transactions today.:
The price of the euro in the Central Bank of Egypt
18.43 pounds to buy.
18.56 pounds for sale.
The price of the euro in the National Bank of Egypt
18.37 pounds to buy.
18.58 pounds for sale.
The price of the euro in Banque Misr
18.37 pounds to buy.
18.55 pounds for sale.
The price of the euro in Al Baraka Bank
18.38 pounds to buy.
18.62 pounds for sale.
The price of the euro in the Commercial International Bank
18.35 pounds to buy.
18.53 pounds for sale.
The price of the euro in Abu Dhabi Islamic Bank
18.38 pounds to buy.
18.53 pounds for sale.
The price of the euro in the Bank of Alexandria
18.33 pounds to buy.
18.53 pounds for sale.
The Association of Financial Markets in Europe recently said that European governments issued bonds and bills worth about 1.351 trillion euros (1.6 trillion dollars) in the second quarter of this year, which is the largest quarterly issue ever..
The association stated in its second-quarter government bond data report that the total issuance of bonds and bills from Europe and the United Kingdom represents an increase of 85.1 percent of the volume issued in the first quarter of the year and a jump of about 128 percent over the volume of issuance in the second quarter of 2019..
It stated that the average coverage rate of offers was 2.28 in the second quarter, an increase of 5.4 percent over the first quarter, indicating sufficient investor demand and central banks’ support for the increased issuance of bonds and bills resulting from the Corona pandemic.
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