Egypt: Dollar Approaching 70 Egyptian Pounds
Sudan Events – Nahed Oshi
The trading movement of the dollar against the Egyptian pound has witnessed a continued rise, and the dollar was about to reach the barrier of 70 pounds, which experts said was a terrible deterioration that the Egyptian currency had never witnessed before, attributing the decline to speculation and the expansion of the parallel market movement. The dollar exchange rate recorded a value of 67.5 pounds in the market, while the price of the dollar today was recorded at Egypt Bank at a value of 30.75 pounds to buy, compared to 30.85 pounds to sell.
In exchange companies, about 30.75 pounds were recorded for purchase and 30.95 pounds for sale.
The price of the euro in the National Bank of Egypt reached 33.50 pounds for purchase, 33.89 pounds for sale. At the Bank of Egypt, the euro price recorded 33.50 pounds to buy, 33.89 pounds to sell.
While the price of the Qatari riyal in the Central Bank of Egypt recorded at about 8.45 pounds for purchase and 8.49 pounds for sale. The price of the Swiss franc in the Central Bank of Egypt stabilized at 35.62 pounds for purchase and 35.79 pounds for sale.
100 Japanese yen recorded at the Central Bank about 20.90 pounds for purchase and 20.99 pounds for sale.
