Economy

Al Ain newsletter

Sunday 7/26/2020 11:50 AM Abu Dhabi time

The price of the dollar in Egypt continued to stabilize against the Egyptian pound, on Sunday, in most major bank exchanges, and the price of the green currency remained stable with the Central Bank of Egypt at 15.92 pounds for purchase and 16.02 pounds for sale.

The price of the dollar recorded 3 different levels in Egyptian banks, and the difference between the highest price and the lowest price reached only two piasters, in reference to the market trend to stabilize at a similar price.

The stability of the dollar in Egypt comes as the Egyptian government prepares to offer green bonds and bonds.

Mohamed Hegazy, head of the debt unit at the Finance Ministry, told Bloomberg that the government is in advanced stages of offering $ 500 million in green bonds.

The highest price of a dollar

The highest price of the dollar came at 15.94 pounds for purchase and 16.04 pounds for sale in the Mashreq Bank, Abu Dhabi Islamic Bank, National Kuwait, Credit Agricole and Bloom, the Egyptian Gulf

The price of 15.93 pounds for purchase and 16.03 pounds for sale dominated the dollar in Egypt in a large number of banks operating in Egypt.

This price was repeated on the screens of banks, Egypt, Iran, construction and housing, return, Arab and Egyptian investment for export development, industrial development, and the Suez Canal.

The lowest price for the dollar

As for the lowest price of the dollar, it came at 15.92 pounds for purchase and 16.02 pounds for sale in the banks of Al-Ahly, Egypt, Al-Ahli Kuwaiti, Arab International Bank, Al-Ahly Greek, United Bank, Alexandria, Al-Baraka, Arab African International and Commercial International.

The price of the euro and sterling

The euro recorded 18.32 pounds for purchase and 18.55 pounds for sale, and the British pound recorded 20.13 pounds for purchase and 20.40 pounds for sale, according to the Bank of Egypt screen.

The price of the riyal, dirham and dinar

The Saudi riyal recorded 4.14 pounds for purchase and 4.27 pounds for sale, and the UAE dirham 4.31 pounds for purchase and 4.36 pounds for sale.

The Kuwaiti dinar recorded 49.42 pounds for purchase and 52.23 pounds for sale, according to the Banque Misr screen.