As the price of the dollar today was stable following a string of increases over the previous days, it stabilised in banks during evening trading on Saturday, October 1, 2022 in Egypt and with various exchange businesses.
The dollar price remained stable throughout trading in banks and exchange companies today, a Saturday.
The Commercial International Bank recorded a dollar price of roughly 19. 53 pounds for purchase and 19.
For sale: 59 pounds
While the price of a dollar today at the United Bank was 19.53 pounds for buying and 19.59 pounds for selling.
Today at Banque Misr, the price of a dollar was recorded as 19. 51 pounds for purchases and 19. 57 pounds for sales.
Today, the dollar cost 19. 49 pounds for purchase and 19. 59 pounds for sale in the Suez Canal Bank.
In Abu Dhabi Islamic Bank, the price of a dollar today was 19.56 pounds for purchases and 19.56 pounds for sales.
Today, the Central Bank of Egypt’s exchange rate for the dollar was 19.46 Egyptian pounds for purchase and 19.53 Egyptian pounds for sale.
The National Bank of Egypt’s exchange rate for the dollar today was 19.51 Egyptian pounds for purchases and 19.57 Egyptian pounds for sales.
In the Bank of Alexandria, the cost of a dollar today was approximately 19. 54 pounds for purchases and 19. 59 pounds for sales.
The Egyptian government works to stop the circulation of various currencies outside banks and exchange firms, in what is referred to as the black market or the parallel market, and it also imposes harsh penalties on this matter. However, some people are involved in the trade of various currencies outside the official banking market.
According to supply and demand, the price of the dollar today on the black market in Egypt varies between 2 and 5% less than the movement of trading in banks.
The dollar was constant against the Egyptian pound yesterday, Friday, September 30, 2022, and fixed at 19.51 for purchase and 19.57 for sale at the National Bank of Egypt and 19.53 for buy and 19.53 for sale at the Commercial International Bank (CIB).
For sale: 59 pounds
While the average exchange rate in the Central Bank of Egypt was recorded at 19.46 pounds for buy and 19.60 pounds for sale, it showed 19.54 pounds for purchase and 19.59 pounds for sale.
Update: Saturday, October 1’s evening trading saw the dollar’s value in Egypt.
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