2023-05-22 04:40:00
to attest The price of the dollar today Monday 22-5-2023 A strong shake in the black market, in conjunction with its stability in banks for the third month in a row.
The American decline in the parallel market was due to several reasons, including the increase in the cash reserve in the Central Bank of foreign currencies by about $104 million, to reach about 34.551 by the end of April 2023, compared to about $34.447 billion by the end of March 2023.
Car dealers also decided to boycott the purchase dollar From the black market, as well as the Prime Minister’s statements about the dollar being valued at more than its price against the pound, as well as the Finance Minister’s statements about the state’s ability to pay its financial obligations and the improvement of the exchange rate by the end of this year.
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6 pounds back
The price of the dollar on the black market fell to the level of 35 pounds to 37 pounds, after it recorded 40 and 41 a few days ago, down about 6 pounds.
good news
In a related context, Mohamed Maait, Minister of Finance, said, as reported by Bloomberg Agency, that the expected tourism revenues by the end of the fiscal year 2022-2023, which ends on June 30, may reach 14 billion dollars, explaining that in December of this year the country will witness the start of recovery and the stability of the exchange rate. The Egyptian pound, and the start of controlling inflation, while the pound rose against the US currency in the futures market, where the one-month pound contract traded around 32.9, after it recorded 35.3 a few days ago.
Central bank decision
The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting, to keep the rates of the overnight deposit and lending return and the rate of the main operation of the Central Bank at the level of 18.25%, 19.25% and 18.75%, respectively.
Dollar prices today
Many are looking for dollar prices today, which has witnessed stability in banks since Friday, March 10, according to the latest updates published by banks on their official websites, to be stable for a full 71 days without movement, for the first time since the Russian-Ukrainian war.
Dollar prices in the central bank
And about the price of the green paper against the pound, in the Central Bank of Egypt, it came as follows:
- 1 dollar = 30.83 pounds after 30.84 pounds for purchase.
- 1 dollar = 30.93 after 30.95 pounds for sale.
The highest price of the dollar today
The American recorded the highest price among banks for sale, in the Egyptian Gulf Bank as well as the Suez Canal Bank, as it recorded today as follows:
- $1 = 30.85 pounds for purchase.
- 1 dollar = 30.95 pounds for sale.
The price of the dollar against the pound, buying and selling
And the price recorded today in banks, stable between 30.75 pounds for purchase as the lowest price, and 30.95 pounds for sale as the highest price.
The price of the dollar against the Egyptian pound, the National Bank
The price of green against the Egyptian pound in the National Bank today was as follows:
- $1 = 30.75 pounds for purchase.
- 1 dollar = 30.85 pounds for sale.
The lowest price of the dollar today
The American recorded the lowest exchange rate against the pound, at the National Bank of Egypt today, to reach 30.75 pounds for purchase.
The dollar against the Egyptian pound, Banque Misr
Regarding the green price against the Egyptian pound in Banque Misr, it came as follows:
- $1 = 30.75 pounds for purchase.
- 1 dollar = 30.85 pounds for sale.
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