The average price of the European euro stabilized today in Egypt, during trading on Saturday, March 26, 2022, at exchange companies.
And Friday and Saturday, weekly holiday for Egyptian banks.
The price of the euro today in Egypt
The average price of the European euro, according to the website of the Central Bank of Egypt, stabilized at around 20.05 pounds for buying and 20.16 pounds for selling.
According to an “Al-Ain News” survey of prices in 23 banks, the average price of the European currency was around 20.03 pounds for buying and 20.21 pounds for selling.
The highest price to buy the euro was about 20.11 pounds per purchase, at the Islamic Bank of Abu Dhabi and Bloom Egypt.
The highest price for selling the euro was at BLOM Bank Egypt, with 20.34 pounds for sale.
While the euro registered in the National Bank of Egypt and Egypt about 20.04 pounds for purchase, and 20.24 pounds for sale, which is the lowest price of the euro in Egypt.
Egyptian Prime Minister Mostafa Madbouly revealed the details of his country’s request for new funds from the International Monetary Fund and the extent of its impact on the people.
Madbouly said in a press release on Thursday that the cooperation with the IMF confirms the strength of the Egyptian economy and the confidence of the international financial institutions in Egypt.
The Egyptian Prime Minister emphasized that the Egyptian people will not bear any burden from the new cooperation with the IMF.
Madbouly stated that despite the current conflict, the economic crisis in Egypt is less than in other countries and the Egyptian citizen bears less than other countries, and did not bear all the burdens resulting from the war, and the state absorbed much of the impact. and the other part in the citizen, because the State cannot withstand any shock in the medium term.
Egypt has turned to the International Monetary Fund for support to implement its comprehensive economic program, according to a statement from the International Monetary Fund on Wednesday.
The Egyptian government had previously announced several decisions to limit the effects of the pound’s float following the decision to increase the interest rate by 1%.
The decisions included the allocation of 130,000 million pounds to deal with these repercussions, as well as the decision to issue a new one-year savings certificate with an annual interest rate of around 18%, in addition to a series of other measures. .
Prices of the dollar and the pound sterling today in Egypt
The average price of the dollar in Egypt, according to data from the Central Bank of Egypt, stabilized at around 18.26 pounds for purchase, and 18.36 pounds for sale.
The average price of the pound sterling in the banking market, according to the Central Bank of Egypt, remained stable at 24.09 pounds for purchase, and 24.23 pounds for sale.
The prices of the riyal, dirham and dinar today in Egypt
The average price of the Saudi riyal, according to the website of the Central Bank of Egypt, was about 4.87 pounds for buying and 4.89 pounds for selling.
The average price of the United Arab Emirates dirham in the banking market, according to the Central Bank of Egypt, remained stable at around 4.97 pounds for buying and 5.00 pounds for selling.
The average price of the Kuwaiti dinar, according to the website of the Central Bank of Egypt, was also stable at around 59.97 pounds for buying and 60.45 pounds for selling.