The average price of the euro against the Egyptian pound stabilized today, Saturday, May 1, 2021, in ATM and bank branches transactions at airports.
The price of the Egyptian pound has stabilized in the international currency markets since the success of the Egyptian economic reform program in achieving its goals, among which was the liberalization of the price of the Egyptian pound.
And the Egyptian banks, an official holiday, from last Thursday until next Monday, on the occasion of the Sinai Liberation Day, the Glorious Resurrection, the workers and Sham El-Nessim.
The average price of the euro at the Central Bank of Egypt was 18.86 pounds for purchase and 18.98 pounds for sale.
According to the “Al-Ain News” survey, on the prices of the euro in 23 banks, the average price of the euro remained stable at 18.84 pounds for purchase and 19.02 pounds for sale.
the highest price
The highest price for buying the euro against the pound came at 18.90 pounds for purchase, and 19.08 pounds for sale, at Banque Misr.
While the lowest price for buying the euro came in the Bank of Alexandria, at 18.79 pounds for purchase and 18.99 pounds for sale.
While the euro settled in the National Bank of Egypt (the largest government bank), at about 18.82 pounds for purchase and 18.99 pounds for sale.
The largest petrochemical complex
Last Wednesday, Egypt signed a contract to construct the largest petrochemical complex in Africa and the Middle East, at an investment cost of $ 7.5 billion.
A statement by the Egyptian Cabinet said that the complex, to be implemented by the government-owned Red Sea National Refining and Petrochemical Company, will be located in the Ain Sokhna Industrial Zone of the Suez Canal Economic Zone.
The project is built on an area of 3.56 million square meters within the geographical space of the main development company, one of the most important developers of the economic zone in the southern sector of Ain Sokhna, with an investment cost of 7.5 billion US dollars.
Dollar and sterling prices
The average price of the dollar stabilized at the Central Bank of Egypt, recording 15.62 pounds for purchase and 15.72 for sale.
The average price of the pound sterling in Egypt at the Central Bank of Egypt remained constant at about 21.66 pounds for purchase and 21.80 pounds for sale.
Real, dirham and dinar
The average price of the Saudi riyal against the pound with the Central Bank of Egypt was 4.16 pounds for purchase, and 4.19 pounds for sale.
The average price of the Emirati dirham in Egypt stabilized at the Central Bank, at 4.25 pounds for purchase and 4.28 pounds for sale.
The average price of the Kuwaiti dinar at the Central Bank of Egypt, for the third consecutive day, remained constant at 51.81 pounds for purchase and 52.27 pounds for sale.