The dollar is declining in Egypt and recording this number

The exchange rate of the dollar fell on the screens of the Central Bank of Egypt today, Saturday, to 15.66 pounds for purchase and 15.76 pounds for sale, compared to 15.68 pounds for purchase and 15.78 pounds for sale last Thursday.

The euro scored 18.37 pounds for purchase and 18.58 pounds for sale in the National Bank of Egypt, while the sterling exchange rate reached 20.13 pounds for purchase and 20.38 pounds for sale.

The Saudi riyal recorded 4.09 pounds for purchase and 4.20 pounds for sale, in the National Bank, while the exchange rate of the Emirati dirham was 4.24 pounds for purchase and 4.29 pounds for sale.

The Kuwaiti dinar recorded 48.76 pounds for purchase and 51.54 pounds for sale, on the screen of the National Bank.
The Egyptian money market is witnessing a great stability, after a successive decline in the dollar.

The Central Bank of Egypt announced that Egypt’s foreign exchange reserves rose to $ 38.425 billion last September, compared to $ 38.366 billion at the end of last August.

Foreign reserves in Egypt have continued their successive rise since June, in a trend that confirms the ability of the Egyptian economy to regain the momentum it achieved before the Corona pandemic, as well as the ability of the Egyptian pound to continue its decline against the dollar.

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