US dollar price continues to stabilize across Egypt

US dollar price continues to stabilize across Egypt

On Monday the price of the US dollar continued to stabilize across Egyptian banks for the fourth consecutive week.

Globally, the dollar index recorded a new rise in the stock exchange by 0.11 percent.

Daily update on the price of the dollar in Egypt:

Al-Masry Al-Youm reviews the price of the dollar today in the National Bank, Central Bank and the rest of the Egyptian banks:

Banque Misr

LE30.75 for purchase

LE30.85 for sale

National Bank of Egypt

LE30.75 for purchase

LE30.85 for sale

Central Bank of Egypt

LE30.83 for purchase

LE30.96 for sale

Commercial International Bank

LE30.85 for purchase

LE 30.95 for sale

Suez Canal Bank

LE30.85 for purchase

LE30.95 for sale

Housing Development Bank

LE30.85 for purchase

LE30.95 for sale

Arab African International Bank

LE30.85 for purchase

LE30.95 for sale

Banque du Caire

LE30.85 for purchase

LE30.95 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,