In most Egyptian banks yesterday, on Thursday, the value of the dollar increased relative to the Egyptian pound, reaching its largest increase of 15 piastres in the National Bank, Banque Misr, and Abu Dhabi Bank Bank.
The price of the dollar jumped in Al-Ahli Bank to 24. 15 pounds for buy, 24. 25 pounds for sale, and a record in Credit Agricole Bank when it was purchased at 24. 13 pounds and sold at 24. 24 pounds at the central bank.
20 pounds to buy, and 24. 30 pounds to sell a record.
The Monetary Policy Committee of the Central Bank decided in its exceptional meeting last Thursday, headed by Hassan Abdullah, Governor of the Central Bank, to raise the price of deposit and lending for one night and the price of the main operation of the Central Bank by 200 basis points; To 13. 25%, 14. 25%and 13. 75%, respectively, the credit and discount price was raised by 200 basis points; To 13. 75%.
The Central Bank said that the global economy faced many shocks and challenges that have not witnessed for years, as global markets have been recently exposed to the spread of Corona and closure policies, then followed by the Russian -Ukrainian conflict, which had severe economic repercussions, and this caused pressure on The Egyptian economy, as it faced exit for the capital of foreign investors, as well as a rise in commodity prices.
from Cairo 24.
Egypt sees a dollar increase once more
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