Tuesday’s US dollar price in Egyptian banks

Tuesday’s US dollar price in Egyptian banks

The US dollar price in Egyptian banks recorded the following on Tuesday:

Central Bank of Egypt

LE30.83 for purchase

LE30.93 for sale

National Bank of Egypt

LE30.75 for purchase

LE30.85 for sale

Banque Misr

LE30.75 for purchase

LE30.85 for sale

Commercial International Bank (CIB):

LE30.85 for purchase

LE30.95 for sale

Abu Dhabi Islamic Bank

LE30.90 for purchase

LE30.95 for sale

Credit Agricole Bank

LE30.85 for purchase

LE30.95 for sale

Suez Canal Bank

LE30.67 for purchase

LE30.77 for sale

Al Ahli United Bank

LE30.23 for purchase

LE30.33 for sale

Al Ahli Bank of Kuwait

LE30.7 for purchase

LE30.77 for sale

ALEXBANK

LE30.67 for purchase

LE30.77 for sale

United Bank

LE30.67 for purchase

LE30.77 for sale

HSBC Bank

LE30.67 for purchase

LE30.77 for sale

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 the dollar,” he added.

In televised statements, Shawky explained that this step would negatively affect the performance of other currencies worldwide, especially emerging markets.

Shawky continued, in televised statements, that this step would negatively affect the performance of other currencies worldwide, especially in emerging markets.

He anticipated a rise in the price of the dollar in Egypt in