Stable Foreign Currency Rates in Egypt

Foreign currency rates in Egypt remained notably stable today, with the US dollar priced at 51.86 for buying and 52.59 for selling, showing a slight increase of 0.04% from previous rates, according to Bekam data.

As for other currencies, the Saudi Riyal recorded a buying price of 13.83 and a selling price of 14.02, while the Kuwaiti Dinar stood at 167.91 for buying and 170.27 for selling. The Euro was priced at 60.32 for buying and 61.17 for selling.

Regarding the British Pound, it was priced at 69.65 for buying and 70.63 for selling, while the UAE Dirham recorded 14.12 for buying and 14.32 for selling.

This stability in currency rates comes amid a relatively calm market in Egypt, reflecting a balance in supply and demand for foreign currencies. This stability could be attributed to several factors including global market fluctuations and their limited impact on the Egyptian economy.

It is worth noting that gold prices also remained stable, with 24-karat gold priced at 7,760 per gram, 21-karat at 6,790, and 18-karat at 5,820. This stability in precious metal prices indicates overall economic stability in Egypt.