The price of the dollar on Friday, 8-5-2020

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The price of the dollar stabilized today, Friday, 8-5-2020, the last days of the week, as the price of the dollar stabilized at the level of banks operating in Egypt, and the price of the dollar stabilized at the end of trading yesterday, and recorded a variation in its price between a number of banks, and recorded an average price at 15.68 pounds For purchase, and 15.78 pounds for sale in most banks operating in the Egyptian banking market, led by the National Bank of Egypt.

According to the latest updates of a number of different banks, foremost of which are the National Bank of Egypt, we publish currency rates against the Egyptian pound during transactions, today, Friday, the last days of the week, which came as follows:

The price of the dollar in the Egyptian Central Bank

15.69 pounds to buy.

15.79 pounds for sale.

The price of the dollar in the National Bank of Egypt

15.68 pounds to buy.

15.78 pounds for sale.

The price of the dollar in Banque Misr

15.68 pounds to buy.

15.78 pounds for sale.

The price of the dollar in Banque du Caire

15.68 pounds to buy.

15.78 pounds for sale.

The price of the dollar in Abu Dhabi Islamic Bank

15.70 pounds for purchase.

15.80 pounds for sale.

The price of the dollar in CIB

15.70 pounds for purchase.

15.80 pounds for sale.

The price of the dollar in Bank of Alexandria

15.69 pounds to buy.

15.79 pounds for sale.

The price of the dollar in Bank Audi

15.70 pounds for purchase.

15.80 pounds for sale.

The price of the currency is a “thermometer” the performance of the economies of countries. When dollar flows and capital occur in hard currency, this supports the strength of the currency, and in the context of progress and improvement of the Egyptian economy indicators significantly over the past period, the price of the pound against the dollar was reversed during the past months With the rise of the local currency against its American counterparts, this performance is expected to continue during the coming period, with the progress of economic indicators and the improvement of 5 basic dollar resources for Egypt.

The exchange rate in Egyptian banks is determined according to the mechanism of supply and demand, and the higher the dollar supply and the decrease in demand for it, the lower the dollar price.



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