The price of the dollar records the first rise against the pound after the increase in the reserves

01:42 PM

Monday 26 September 2022

I wrote – Sherine Salah:

The exchange rate of the dollar against the pound rose today, Monday, in 6 banks, in the middle of trading, compared to its level in the morning, while the price stabilized in 4 other banks.

Last Thursday, the Central Bank of Egypt decided to raise the mandatory cash reserve ratio of deposits on banks to 18% instead of 14%, which was accompanied by its decision to fix interest rates for the third time in a row during the Monetary Policy Committee meeting at 11.25% for deposit and 12.25% for lending. .

Masrawy monitors the price of the dollar against the pound in 10 banks at the beginning of today’s trading, comparing it to the end of yesterday’s trading.

Dollar prices today

The National Bank of Egypt: 19.46 pounds for purchase, and 19.52 pounds for sale, with an increase of two piasters for buying and selling.

Banque Misr: 19.46 pounds for purchase, and 19.52 pounds for sale, with an increase of two piasters for buying and selling.

Bank of Alexandria: 19.49 pounds for purchase, and 19.54 pounds for sale, with an increase of two piasters for buying and selling.

Banque du Caire: 19.48 pounds for purchase, and 19.54 pounds for sale, with an increase of two piasters for buying and selling.

Commercial International Bank: 19.48 pounds for purchase, and 19.54 pounds for sale, with an increase of two piasters for buying and selling.

Arab African Bank: EGP 19.46 for buying, and EGP 19.54 for selling, with an increase of two piasters for buying and selling.

Suez Canal Bank: 19.42 pounds for purchase, and 19.52 pounds for sale.

Abu Dhabi Islamic Bank: 19.49 pounds for purchase, and 19.52 pounds for sale.

Credit Agricole Bank: 19.42 pounds for purchase, and 19.52 pounds for sale.

Al Baraka Bank: 19.47 pounds for purchase, and 19.52 pounds for sale.

You can follow up on foreign and Arab currency rates throughout the day on this service, which is provided by Masrawy: Exchange Rates.

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