The decline in the price of the dollar and the contrast with the rest of the currencies today, Monday 5-10-2020

0
74


Currency rates varied today, Monday, 5-10-2020, against the Egyptian pound, as the price of the dollar witnessed a decrease in the value of one penny, and the price of the rest of the currencies varied, compared to yesterday’s prices, and according to the latest updates of a number of different banks, led by the National Bank of Egypt Currencies against the Egyptian pound today, which came as follows:

Dollar price today

The price of the dollar decreased today against the Egyptian pound, according to the latest updates of the National Bank of Egypt, to 15.69 pounds for purchase, and 15.79 pounds for sale, compared to its price on Sunday, 15.70 pounds for purchase, and 15.80 pounds for sale.

The price of the European euro today

The euro exchange rate varied against the Egyptian pound today, according to the latest updates of the National Bank of Egypt, and reached 18.36 pounds for purchase, 18.52 pounds for sale, compared to yesterday’s price of 18.36 pounds for purchase, and 18.56 pounds for sale.

The price of the British pound today

The exchange rate of the pound sterling against the Egyptian pound varied, according to the latest updates of the National Bank of Egypt, and reached 20.24 pounds for purchase, 20.45 pounds for sale, compared to yesterday’s price of 20.15 pounds for purchase, and 20.46 pounds for sale.

The price of the Saudi riyal today

The Saudi riyal exchange rate stabilized against the Egyptian pound, according to the latest National Bank of Egypt data, and it was fixed at 4.10 pounds for purchase and 4.21 pounds for sale.

The Kuwaiti dinar price today

The Kuwaiti dinar exchange rate varied against the pound, according to the latest data of the National Bank of Egypt, and it reached 48.85 pounds for purchase, 51.58 pounds for sale, compared to yesterday’s price of 48.85 pounds for purchase, and 51.59 pounds for sale.

The dollar index declined slightly on Monday, as it witnessed little change from Friday’s closing, as financial markets await news about the health of US President Donald Trump and the developments in talks regarding financial aid in Washington.

Trump announced on Friday that he had tested positive for COVID-19, prompting investors to resort to safer assets and sparking a sell-off in the stock market.

But with the start of Asian trading, Trump suddenly appeared in a parade outside the hospital he was receiving treatment, which helped improve the risk appetite.

Doctors treating Trump say he may be discharged today.

“Currency traders cannot agree on a way to interpret the recent news,” said Ulrich Luichtmann, head of currency and commodity research at Commerzbank.

Investors are also awaiting the development of talks in Washington on a coronavirus-related rescue package, after House Speaker Nancy Pelosi announced on Sunday that progress had been made in the talks.





LEAVE A REPLY

Please enter your comment!
Please enter your name here