Foreign Exchange Rates Stable Against Egyptian Pound
Foreign exchange rates continue to remain stable against the Egyptian pound, amidst close monitoring of global and regional economic changes. According to Bekam data, the selling price of the US dollar is 52.61 EGP, while the buying price is 51.88 EGP.
The British pound is selling at 70.79 EGP and buying at 69.8 EGP, while the euro is priced at 61.2 EGP for selling and 60.35 EGP for buying.
Regarding Arab currencies, the Saudi riyal is recorded at 14.03 EGP for selling and 13.84 EGP for buying, while the UAE dirham is at 14.33 EGP for selling and 14.13 EGP for buying. The Kuwaiti dinar is at 170.1 EGP for selling and 167.73 EGP for buying, with the Jordanian dinar at 74.21 EGP for selling and 73.18 EGP for buying.
These figures indicate a relative stability in the foreign currency market, with no significant changes in prices, reflecting a balanced state of supply and demand for foreign currencies in the Egyptian market. This stability comes amidst ongoing monitoring of global and local markets for geopolitical impacts and economic forecasts.