Stability in Foreign Currency Rates in Egypt
In tracking foreign currency rates in Egypt, the US dollar saw a slight decline of 0.23% from yesterday, with the selling price reaching 52.29 EGP and the buying price at 51.56 EGP, according to Bkam data.
For Arab currencies, the Saudi Riyal recorded a buying price of 13.75 EGP and a selling price of 13.94 EGP, while the Qatari Riyal's buying price was 14.17 EGP and the selling price was 14.37 EGP.
Regarding the Kuwaiti Dinar, it recorded a buying price of 167.22 EGP and a selling price of 169.58 EGP, whereas the Jordanian Dinar had a buying price of 72.73 EGP and a selling price of 73.75 EGP.
In terms of European currencies, the British Pound remained stable at a buying price of 68.96 EGP and a selling price of 69.93 EGP, while the Euro recorded a buying price of 59.15 EGP and a selling price of 59.98 EGP.
Additionally, the UAE Dirham remained stable with a buying price of 14.04 EGP and a selling price of 14.24 EGP.
These rates come amidst global market volatility and its impact on the Egyptian market, as investors continue to monitor global movements and their effect on exchange rates in Egypt.