The price of the US dollar stabilized today, Sunday, 11-15-2020, in some banks operating in Egypt, compared to the closing of Thursday’s transactions, recording 15.60 pounds for purchase in the National Bank of Egypt and 15.70 pounds for sale.
The Monetary Policy Committee of the Central Bank of Egypt decided at the end of its meeting last Thursday evening, to reduce both the rate of deposit and lending for one night and the rate of the main operation of the central bank by 50 points.
The Monetary Policy Committee of the Central Bank of Egypt decided in its meeting to reduce the rate of deposit and lending for one night and the price of the main operation of the central bank by 50 basis points, to reach 8.25%, 9.25% and 8.75%, respectively, and the credit and discount rate was reduced by 50 points. Basis, reaching 8.75%.
In times of economic slowdown and high inflation rates, Egyptians resort to employing their surpluses in safe and profitable investment havens that yield a return that absorbs the inflationary effects – the high level of prices for goods and services – and these investment vessels develop financial resources through several means.
According to the latest updates of a number of different banks, foremost of which is the National Bank of Egypt, we publish the price of the dollar against the Egyptian pound today, which came as follows:
The price of the dollar in the Central Bank of Egypt
15.59 pounds to buy.
15.69 pounds for sale.
The price of the dollar in the National Bank of Egypt
15.60 pounds to buy.
15.70 pounds for sale.
The price of the dollar in Banque Misr
15.60 pounds to buy.
15.70 pounds for sale.
The price of the dollar in Bank Audi
15.60 pounds to buy.
15.70 pounds for sale.
The price of the dollar in the Commercial International Bank, cib
15.59 pounds to buy.
15.69 pounds for sale.
The price of the dollar in the Bank of Alexandria
15.59 pounds to buy.
15.69 pounds for sale.
The price of the dollar in Abu Dhabi Islamic Bank
15.60 pounds to buy.
15.70 pounds for sale.
The price of the dollar in Banque du Caire
15.59 pounds to buy.
15.69 pounds for sale.
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