Foreign Currency Rates Stabilize in Egypt Today

Foreign currency rates in the Egyptian market showed remarkable stability today, according to Bkam platform observations. The US dollar recorded a selling price of 52.61 EGP and a buying price of 51.88 EGP, with a steady rate of 0.04% compared to yesterday.

Regarding Gulf currencies, the Saudi Riyal was priced at 14.03 EGP for sale and 13.84 EGP for purchase, while the Kuwaiti Dinar remained stable at 170.1 EGP for sale and 167.73 EGP for purchase. The UAE Dirham recorded 14.33 EGP for sale and 14.13 EGP for purchase.

Additionally, the Euro remained stable, priced at 61.2 EGP for sale and 60.35 EGP for purchase, while the British Pound recorded 70.79 EGP for sale and 69.8 EGP for purchase.

This stability in foreign currency rates comes amidst a balanced market situation, with no significant changes in prices over recent days. These figures reflect the rates announced by Egyptian banks and depend on the local market's supply and demand dynamics.