The Kuwaiti dinar exchange rate witnessed a significant increase after the Egyptian Central Bank’s decision to raise the interest 2% in its meeting yesterday, as it reached its last update to the price of 73. 82 pounds for purchase and 74. 19 pounds for sale, and the price settled in banks today, Friday, October 28, 2022, at the beginning of the weekly leave. in the banking industry.
The average selling and buying prices for Kuwaiti dinars in Egyptian banks on this particular Friday are displayed in the following table:
The prices of Arab and foreign currencies witnessed a variation in the last period between decline and rise, influenced by the decisions of the American Federal and the central banks that are trying hard to control the exchange rate after the dollar increased significantly after its decision to raise the interest, and foreign currencies witnessed a significant increase after the Egyptian Central decision to raise the interest 2%.
The following are today’s average exchange rates for the Egyptian market as reported by the Al-Fajr electronic platform for readers and followers:
Yesterday’s extraordinary meeting of the Monetary Policy Committee of the Central Bank of Egypt resulted in the decision to raise interest rates by 200 points (2%), as well as the follow-up of a flexible exchange rate that caused the dollar to increase from a level below 20 pounds to 23.20 pounds, which has an impact on experts.
On the prices of all imported goods and services, or in products that contain foreign parts.
Following an increase in interest rates, today, Friday, October 28, 2022, the Kuwaiti dinar exchange rate
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