The price of the US dollar stabilized early on Monday, March 28, 2022, after a significant increase over the past few days, upon a sudden rise in interest rates by one percent by the Central Bank of Egypt.
The rise in interest rates led to a decrease in the value of the Egyptian pound by about 14 percent.
The prices of the US dollar during Monday’s trading in banks operating in Egypt:
Commercial International Bank:
Purchase: LE18.25
Sale: LE18.35
Central Bank of Egypt:
Purchase: LE18.26
Sale: LE18.36
National Bank of Egypt:
Purchase: LE18.27
Sale: LE18.37
Banque Misr:
Purchase: LE18.27
Sale: LE18.37
Suez Canal Bank:
Purchase: LE18.27
Sale: LE18.37
Egyptian Exchange Company:
Purchase: LE18.29
Sale: LE18.39