Today, the exchange markets witnessed remarkable stability in dollar prices, as this stability is considered an important event for investors and traders alike. According to received reports, the price of the dollar at the Commercial International Bank recorded 47.54 pounds for purchase and 47.64 pounds for sale, while the Bank of Alexandria recorded 47.49 pounds for purchase and 47.59 pounds for sale, which reflects a relative calm in market movement.
These prices are important indicators of the state of the Egyptian economy, as exchange rate fluctuations affect many sectors, including the import of goods and services, and inflation expectations. The stability of the dollar comes in the wake of extensive consultations on monetary policies, which aim to support the local economy and enhance confidence in financial markets.
In the same context, the prices of the dollar can be observed in several other banks, which are as follows: In the Central Bank of Egypt, the price of the dollar reached 47.52 pounds to buy and 47.65 pounds to sell, and in the National Bank of Egypt the dollar recorded 47.54 pounds to buy and 47.64 pounds to sell, while in the Bank of Egypt it recorded 47.55 pounds to buy and 47.65 pounds to sell.
Here is a list of dollar prices in some Egyptian banks. The price of the dollar in the Bank of Alexandria reached 47.49 pounds to buy and 47.59 pounds to sell, in the Commercial International Bank “CIB” it recorded 47.54 pounds to buy and 47.64 pounds to sell, and Abu Dhabi Islamic Bank recorded 47.51 pounds to buy and 47.61 pounds to sell.
Finally, the price of the dollar in Al Baraka Bank recorded 47.53 pounds for purchase and 47.63 pounds for sale, while in the Suez Canal Bank it reached 47.55 pounds for purchase and 47.65 pounds for sale, which indicates remarkable stability in all these banks, and is sufficient to enhance the confidence of citizens and investors in the economy.
