The price of the dollar in Egypt today, Friday, October 16,...

The price of the dollar in Egypt today, Friday, October 16,...
The price of the dollar in Egypt today, Friday, October 16,...
The average price of the dollar against the Egyptian pound stabilized today, Friday, in early trading by exchange firms, while the exchange rate of the European euro, the British pound and the Kuwaiti dinar declined, according to dealers.

While the price of the dollar rose in the Central Bank of Egypt, to 15.63 pounds for purchase and 15.73 pounds for sale, compared to 15.61 pounds for purchase and 15.75 pounds for sale, yesterday, Thursday.

Friday is an official holiday in Egyptian banks.

The price of the dollar scored 3 different levels in Egyptian banks, with a difference of two piasters between the highest and lowest price, according to a survey conducted by “Al Ain News” on the dollar price of 28 banks.

The price of the dollar dominated at 15.64 pounds for purchase and 15.74 pounds for sale on most transactions.

The largest in the Middle East

Egypt launched, in a hypothetical event, Thursday, its first green bond issue on the London Stock Exchange (LSE), which is the largest issue in the Middle East and North Africa, and the first of its kind on the London Stock Exchange.

On Thursday, the Egyptian Ministry of Finance said that the Egyptian offering of government sovereign green bonds, worth $ 750 million, is for a period of 5 years.

At the end of last September, Egypt sold $ 750 million green 5-year bonds, with a return of 5.25%, to investors, to finance or refinance green projects in sectors such as transport, renewable energy and energy efficiency.

Inflation

The data of the Statistics Authority in Egypt showed that the general index of consumer prices scored 107.5 points for the month of September 2020, maintaining the general level of prices for the month of August, so that the monthly inflation rate recorded “zero” during the past month.

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.

The highest dollar rate

The highest price for the dollar came at 15.65 pounds for purchase and 15.75 pounds for sale in 6 banks, which are the National Bank of Kuwait, Abu Dhabi Islamic Bank, Al-Ahly of Egypt, Egypt, Baraka, and Al-Ahly Kuwait.

Lowest dollar rate

The lowest price for the dollar came at 15.63 pounds for purchase and 15.73 pounds for sale in 10 banks, including Al Ahly United, Commercial International, The United Bank, the International Arab Bank, the Suez Canal, and Arab African.

While the dollar recorded a higher price of “one penny” at 15.64 pounds for purchase, and 15.74 for sale in 12 banks, including Arab Investment, Egyptian Real Estate, Emirates NBD, Odeh, Credit Agricole, Cairo, Alexandria, and Bloom Egypt.

The Euro and the British Pound

The exchange rate of the euro fell to 18.29 pounds for purchase and 18.51 pounds for sale, while the exchange rate of the pound sterling decreased to 20.18 pounds for purchase and 20.52 pounds for sale, according to the National Bank of Egypt.

Real, dirham and dinar

The Saudi riyal settled in banks at 4.08 pounds for purchase and 4.19 pounds for sale, and the exchange rate of the Emirati dirham stabilized at 4.23 pounds for purchase and 4.28 pounds for sale, according to the National Bank screens.

While the Kuwaiti dinar fell to 48.73 pounds for purchase and 51.47 pounds for sale, on the screen of the National Bank.

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