The price of the US dollar rose on Sunday evening to reach its highest level in 2022 so far breaking the barrier of LE 24, after witnessing its last rise on Thursday. The recent rise in the dollar’s price came as a result of the Central Bank of Egypt’s decisions to increase the interest rate to 200 basis points, and to float the Egyptian pound. The price of the dollar against the Egyptian pound, on Monday morning was as follows in Egyptian banks: -Banque Misr Purchase LE22.9 Sale LE23 National Bank of Egypt Purchase LE22.85 Sale LE 22.95 Banque du Caire Purchase LE22.85 Sale LE23.95 ALEXBank Purchase LE22.95 Sale LE23.05 Commercial International Bank Purchase LE22.9 Sale LE23 The Ce
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