Today, Saturday, October 29, 2022, the price of the pound sterling in Egypt stabilised, and the Central Bank recorded 26.50 pounds for purchase and 26.64 pounds for sale, which are the same rates from yesterday.
Following significant gains for the British pound on Friday in the exchange market against Al-Masry, which exceeded 4 Egyptian pounds, the price of the British pound stopped making new gains against the Egyptian pound with transactions today, Saturday, October 29, 2022. The British currency was settled in the Egyptian Central Bank and International Bank, and it declined in the Egyptian National Bank and the Bank of Egypt.
The exchange rate for the pound today, October 29, in Egypt
Today’s average exchange rate for the pound sterling in Egypt’s Central Bank is 26.50 pounds for buying and 26.64 pounds for selling, which is the same as yesterday’s exchange rates.
And sterling today, at the beginning of the transactions of the National Bank of Egypt (the largest government bank), fell to 26. 28 pounds for purchase, 26. 66 pounds for sale, compared to 26. 39 pounds for purchase, and 26. 72 pounds for sale yesterday.
In transactions with Banque Misr, the value of the pound fell to 26.34 pounds for purchase and 26.66 pounds for sale, down from 26.44 pounds for purchase and 26.78 pounds for sale yesterday.
The price of the pound sterling against the Egyptian pound stabilized in today’s trading at the Commercial International Bank (the largest private bank in Egypt), at 26. 46 pounds for purchase, and 26. 78 pounds for sale, which is the same prices yesterday..
Egypt’s pound sterling exchange rates have stabilised following the decision to
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