At the close of trading on Monday, the US dollar outperformed all other major currencies, rising at the highest rate and closing roughly 32 cents above the levels of 20 Egyptian pounds.
Today, the dollar reached its greatest level versus the pound, reaching 19. 57 and 19. 68 pounds for buy and sale, respectively.
Following the Central Bank’s increase, the value of the dollar grew in the National Bank and Egypt while maintaining parity, reaching 19. 59 pounds for purchases and 19.
a 65 pound sale.
At the Commercial International Bank, the dollar’s price jumped to 19. 61 pounds for purchase and 19. 67 pounds for sale, while it rose to 19. 57 pounds for purchase and 19. 67 pounds for sale at the Suez Canal Bank.
At the close of business today, the Bank of Alexandria increased the price of the dollar to 19. 62 pounds for buy and 19. 67 pounds for sale, while HSBC Bank increased the price to 19. 57 pounds for purchase and 19. 67 pounds for sale.
For sale is 67 pounds.
Zilla Capital predicted levels between 21 and 22 pounds, while Credit Suisse predicted the value of the pound will rise to 22 pounds.
Origin: Dawn.
Egypt. 32 piasters stand between the dollar and the pound’s historical price being recorded.
About Author
