US dollar price in Egypt rises Monday morning

US dollar price in Egypt rises Monday morning

The global dollar index continued to rise at the beginning of the stock exchange trading on Monday by 0.42 percent, recording US$102.285.

The price of the dollar today in Egyptian banks:

Suez Canal Bank

LE30.85 for purchase

LE 30.95 for sale

Banque du Caire

LE30.85 for purchase

LE 30.95 for sale

Arab African International Bank

LE30.85 for purchase

LE 30.95 for sale

Suez Canal Bank

LE30.85 for purchase

LE 30.95 for sale

ALEXBANK

LE30.85 for purchase

LE 30.95 for sale

Banque Misr

LE30.75 for purchase

LE 30.85 for sale

National Bank of Egypt

LE30.75 for purchase

LE 30.85 for sale

Central Bank of Egypt

LE30.84 for purchase

LE30.96 for sale

The Monetary Policy Committee of the Central Bank of Egypt raised its key interest rates by 200 basis points (bps) on Thursday, setting the overnight lending rate at 19.25 percent and the overnight deposit rate at 18.25 percent.

The Central Bank of Egypt also raised the credit and discount rate by 200 basis points, to reach 18.75 percent.

US dollar price forecast in Egypt

The US Federal Reserve is facing a problem, one of the most important factors of which is the interest rate hike series during 2022, Banking expert, Ahmed Shawky, said.

“If the US Federal Reserve does not fix the interest rate, it will raise by a maximum of 25 basis points, which will attract more investments to