The price of the dollar against the Egyptian pound in government and private banks, as well as the black market, dominated the Google search engines for the second day in a row after the new decisions issued by the Central Bank, yesterday morning, Wednesday, at the forefront of which is liberalizing the exchange rate of the pound against the dollar (floating) in all banks. Commercial.
Through this report, we monitor the latest updates on the price of the dollar in commercial banks after the decision to liberalize the pound, which came according to the latest updates on the websites of the following banks:
The price of the dollar against the pound in banks now: 49.4 pounds for buying, compared to 49.5 pounds for selling.
The price of the dollar is now recorded on the black market or parallel market: 49.60 pounds.
The price of the dollar fell on the black market – archive photo
The latest update of the dollar price was monitored in the latest transactions Banks The following were as follows:
The price of the dollar in the National Bank of Egypt was 49.3 for buying, and 49.5 for selling.
The price of the dollar in Banque Misr recorded: 49.1 for purchase, compared to 49.3 for sale.
The price of the dollar at Commercial International Bank recorded: 49.80 to buy, compared to 49.80 to sell.
Yesterday morning, Wednesday, the Monetary Policy Committee of the Central Bank of Egypt decided several historic decisions regarding the dollar, including liberalizing the exchange rate of the Egyptian pound against all currencies in accordance with market mechanisms.
In a statement, the Central Bank affirmed its commitment to achieving all methods of stability in all prices in the medium term, to confront inflation as the nominal basis of monetary policy.
The Central Bank’s statement on unifying the exchange rate of the pound stressed that the decision to liberalize the pound is a very important measure, as it contributes to eliminating the gap between the exchange rate of the parallel market and all commercial banks.
At the same time, the Central Bank issued a decision to raise interest rates by 6% to reach levels of 27.25%, stressing that the decision to raise the basic interest rate aims to restrict monetary conditions to be consistent with the targeted path to reducing inflation rates.
Liberalizing the price of the pound against the dollar caused an increase in the prices of all currencies in banks, with the price of the dollar exceeding the 50-pound mark instead of 31 pounds before the decision. The price of the dollar on the black market also rose to 50 pounds after recording a significant decline last week due to the Ras al-Hikma project.
Today’s gold price in Egyptian goldsmiths’ shops after the liberalization of the pound exchange rate
Here is the price of the dollar against the pound today, Thursday, moment by moment
Also learn about gold prices today, Thursday, after the Central Bank’s decision regarding the price of the dollar
