A significant decline in the price of the euro today, Monday, against the Egyptian pound, due to the Ukraine crisis

The price of the euro fell against the Egyptian pound, today, Monday 7-3-2022, in the banks operating in Egypt in morning transactions, recording in the National Bank of Egypt and Banque Misr a price of 16.92 pounds for purchase, and 17.23 for sale, compared to its price at the end of trading yesterday, which was recorded at 17.02 pounds for purchase. , and 17.41 for sale, and in the Bank of Alexandria, it recorded 16.92 pounds for purchase, and 17.26 for sale, while in the Central Bank of Egypt it recorded 17.11 pounds for purchase, and 17.22 pounds for sale.

This comes against the backdrop of the Russian-Ukrainian war, the European Union announced the ban of some Russian banks from the SWIFT system and the imposition of more restrictions and restrictive measures in light of the Russian military operation on Ukraine.

In particular, the Council decided to prohibit investing, participating or contributing in any way to future projects jointly financed by the Russian Direct Investment Fund, as well as selling, supplying, transferring or exporting euro banknotes to Russia or to any natural or legal person, entity or A body in Russia, including the government and the Central Bank of Russia, or for use in Russia.

“The Seventh Day” provides a service that includes publishing currency rates in all Egyptian banks and the banking market, and includes an immediate update of prices if they change.

The price of the euro was recorded in some banks as follows:

The price of the euro in the Central Bank of Egypt

17.11 pounds to buy.

17.22 pounds for sale.

The price of the euro in the National Bank of Egypt

16.92 pounds to buy.

17.23 pounds for sale.

The price of the euro in Banque Misr

16.92 pounds to buy.

17.23 pounds for sale.

The price of the euro in the Bank of Alexandria

16.92 pounds to buy.

17.26 pounds for sale.

The price of the euro in Al Baraka Bank

16.94 pounds to buy.

17.25 pounds for sale.

The price of the euro in the Commercial International Bank cib

16.94 pounds to buy.

17.25 pounds for sale.

The price of the euro in Abu Dhabi Islamic Bank

16.96 pounds to buy.

17.25 pounds for sale.

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