The price of the dollar today in Egyptian banks and the black market witnessed a new jump against the Egyptian pound, despite the great losses that the black market suffered during the last period as a result of the lack of demand for foreign currency by importers, especially since the government, in addition to the Central Bank, was very keen In order to save the dollar and foreign currencies for import companies and importers during the last period, but everyone was surprised by the exaggerated rise in the price of the dollar on Wednesday morning, to exceed the limits of 30 pounds.
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The exchange rate of the dollar today in Egyptian banks
With the end of yesterday, Tuesday, and the beginning of the day, the dollar witnessed a relative calm in its price, but it is only the morning hours, and everyone was surprised by the rise of the green currency against the Egyptian pound, to exceed the barrier of 31.88, and the dollar has not been proven yet, which is what caused the private prices to move forward In many other currencies, the most important of which is the Saudi riyal.
As for the price of the dollar that was expected today in Egyptian banks, it was as follows:
In the National Bank, the exchange rate of the dollar reached 29 pounds for purchase and 29.5 when selling.
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As for Banque Misr, the exchange rate of the dollar reached about 29 pounds when buying and 29.5 when selling.
As for the exchange rate of the dollar in the Central Bank of Egypt, it reached 27.59 when buying and 27.67 when selling.
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The price of the Saudi riyal against the dollar and the Egyptian pound in banks
Based on the great turmoil that the Egyptian pound is witnessing during the current period, and its significant decline against the dollar, we may find that the Egyptian currency has also witnessed a decline against some important Arab currencies, including the Saudi riyal, as the exchange rate of the dollar against the Saudi riyal reached about 3.7562 Saudi riyals.
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And with this morning, the Saudi riyal witnessed a noticeable rise against the Egyptian pound, and with the beginning of trading today, Wednesday, in banks, the price of the Saudi riyal was 7.36 Egyptian pounds for purchase and 7.38 Egyptian pounds for sale, but with the deterioration of the price of the pound against the dollar, the prices of the riyal moved and rose to reach 8.30 Egyptian pounds so far.
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