A new rise of the dollar in Egypt… How much did it reach today?

The price of the dollar rose against the Egyptian pound, today, Monday, after its stability for nearly two days, after its unprecedented rise.

Today, the dollar exchange rate recorded 24.15 against the Egyptian pound, approaching the 25-pound barrier, which is an unprecedented price in the history of Egypt, in preparation for the country to obtain a new loan from the International Monetary Fund.

The increase in the price of the dollar came, after the value of the Egyptian pound fell against foreign currencies, after the Central Bank of Egypt’s decision to raise the interest rate by 2% in banks, which led to a significant increase in the dollar.

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