Stability in Foreign Currency Rates in Egypt Today
Foreign currency rates in Egypt have shown notable stability today, according to Bakam data. The USD remains stable at 52.59 EGP for selling and 51.85 EGP for buying, reflecting a stable Egyptian market.
Regarding other currencies, the Saudi Riyal is at 14.02 EGP for selling and 13.83 EGP for buying, while the UAE Dirham stands at 14.32 EGP for selling and 14.12 EGP for buying. The Kuwaiti Dinar is at 170.07 EGP for selling and 167.71 EGP for buying, whereas the Qatari Riyal is at 14.45 EGP for selling and 14.25 EGP for buying.
The British Pound is priced at 70.72 EGP for selling and 69.73 EGP for buying, while the Euro is at 61.3 EGP for selling and 60.45 EGP for buying. Lastly, the Jordanian Dinar is at 74.17 EGP for selling and 73.14 EGP for buying.
This stability in foreign currency rates indicates a relatively calm market in Egypt during this period. It's noteworthy that the stability of the USD comes at a time when gold prices have seen a slight increase, with 21 carat gold priced at 6,775 EGP per gram, marking a 0.15% rise from the previous day.