US dollar price averages LE24.1 on Tuesday

US dollar price averages LE24.1 on Tuesday

The average price of the US dollar, on Tuesday, November 1, according to the official Central Bank of Egypt (CBE)’s website, was LE24.07 for purchase and LE24.17 if you want to sell.

While the price of the dollar against the Egyptian pound in the Central Bank of Egypt was LE24.05 for purchase and LE24.18 for sale.

US dollar price in Egyptian banks on Tuesday:

Credit Agricole

LE24.15 for purchase

LE24.25 for sale

Abu Dhabi Islamic Bank

LE 24.16 for purchase

LE24.25 pounds for sale

National Bank of Egypt and the Banque Misr

LE24 for purchase

LE 24.10 for sale

CIB

LE24 for purchase

LE 24.10 for sale

Arab Investment Bank

LE24.15 for purchase

LE 24.25 for sale

Arab African International Bank

LE24 pounds for purchase

LE 24.10 for sale

Arab International Bank

LE24 for purchase

LE24.10 for sale

ALEXBANK

LE24.10 for purchase

LE 24.20 for sale

The CBE issued a statement, on Thursday morning, announcing reform measures to ensure macroeconomic stability and achieve sustainable and comprehensive economic growth, hence floating the Egyptian pound.

Egypt first devalued its currency by 48 percent in 2016, allowing it to float freely in order to meet a key demand by the International Monetary Fund to secure a three-year US$12 billion loan.

The CBE announced the devaluation of the Egyptian pound for the second time in March by nearly 17 percent.

The Central Bank of