The US dollar exchange rate witnessed stability over the past week due to the closure of banks during Eid al-Fitr holiday, with expectations that the US dollar exchange rate would rise at record rates to reach LE22, especially after the Federal Reserve’s decision to raise interest rates on savings by 50 basis points.
On Sunday, the price of the US dollar was stable at the same prices of the previous days, LE 18.44.
The Central Bank of Egypt will soon issue its decisions regarding interest rates, as many central banks around the world have raised their rates.
Al-Masry Al-Youm reviews the US dollar price updates announced for buying and selling:
- The price of the US dollar in the National Bank of Egypt recorded at LE 18.45 for purchase and LE 18.51 for sale.
- The price of the US dollar in Abu Dhabi Islamic Bank reached LE 18.48 for buying and LE 18.53 for selling.
- The price of the US dollar today in Banque Misr reached LE 18.45 for buying and LE 18.51 for selling.
- The price of the US dollar in Credit Agricole Bank recorded LE 18.43 for buying and LE 18.53 for selling.
- The price of the US dollar in the Arab African International Bank is at LE 18.43 to buy and LE 18.53 to sell.
- The price of the US dollar in the United Bank reached LE 18.43 for buying and LE 18.53 for selling.
- The price of the US dollar in the National Bank of Kuwait recorded LE 18.43 for buying and LE 18.53 for selling.
- The price of the US dollar in Abu Dhabi Commercial Bank reached LE 18.43 for purchase and LE 18.53 for sale.
- The price of the US dollar at Ahli United Bank reached LE 18.48 for buying and LE 18.53 for selling.
- The price of the US dollar now in al-Baraka Bank reached LE 18.43 for purchase and LE 18.53 for sale.
- The price of the US dollar in Emirates NBD is at LE 18.43 for purchase and LE 18.53 for sale.
- The price of the US dollar in Blom Bank reached LE 18.43 for buying and LE 18.53 for selling.
Edited translation from Al-Masry Al-Youm