US dollar price skyrockets on Thursday in Egypt ...Egypt

The US dollar exchange rate rose in the middle of trading, Thursday, September 29, 2022, against the Egyptian pound in Egyptian banks, to LE 19.49 for purchase – and LE19.59 for sale. The US dollar prices were as follows: Suez Canal Bank: Purchase LE19.49 Sale LE19.54 National Bank of Egypt: Purchase LE19.51 Sale LE19.57 Commercial International Bank: Purchase LE19.53 Sale LE19.59 What is the difference between the selling price and the purchase price of currencies? Currency sale price is the price at which a bank or exchange company sells currencies to customers. The purchase price of currencies is the price at which the banks or exchange companies purchase currencies from customers, and

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