At the conclusion of the government and private banks’ operations in the Egyptian financial market today, Wednesday, November 2, 2022, the price of the euro decreased relative to the Egyptian pound.
The average euro exchange rate for purchases was 23 and 23,8630 pounds. According to the Central Bank’s most recent statement, there are 9694 pounds on sale.
The Egyptian pound continues to drop in front of Arab and foreign currencies; Because of the decision of the Central Bank of Egypt, last Thursday morning, to liberalize the exchange rate of the Egyptian pound against other currencies by supply and demand in the framework of a flexible exchange rate, and once the decision was issued, the pound was taken to decline in front of the currencies at accelerating rates.
The National Bank of Kuwait recorded a price for the euro of approximately 23.
24,0342 pounds are up for grabs, and 7908 pounds are for sale.
At Credit Agricole Bank, the cost of one euro was 23. 8384 pounds for purchase and 24. 0341 pounds for selling.
At Bloom Bank, the euro was valued at 24,0051 pounds for sale and 23,8385 pounds for buy.
The cost of the euro in Med Bank was 24,0919 pounds for sale and 23,8293 pounds for purchases.
The price of a euro in Al Baraka Bank was 23. 7891 pounds for purchase and 23. 9556 pounds for sale.
At Abu Dhabi Islamic Bank, the cost of a euro was 24,0546 pounds for sale and 23,8878 pounds to buy.
Emirates NBD’s exchange rate for the euro was 24,0300 pounds for sale and 23,8400 pounds for purchases.
The Egyptian Gulf Bank’s exchange rate for the euro reached 23. 8312 pounds for purchase, and 24,0124 pounds for sale..
As of the close of trade on Wednesday, November 2, 2022, the euro was trading down against the Egyptian pound.
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