US dollar exchange rate in Egypt stable on Thursday ...Egypt

EGYPT INDEPENDENT - Economy
US dollar exchange rate in Egypt stable on Thursday
source : EGYPT INDEPENDENT ( Egypt ) () 115
The exchange rate of the US dollar price is witnessing a state of relative calm in Egyptian banks on Thursday, following the Central Bank of Egypt’s (CBE) decision to float the Egyptian pound. Exchange rate on Thursday: Central Bank of Egypt  LE48.36 for purchase. LE48.46 for sale. Banque Misr LE48.40 for purchase. LE48.52 for sale. National Bank of Egypt LE48.40 for purchase. LE48.50 for sale. CIB  LE48.75 for purchase. LE48.85 for sale. The Monetary Policy Committee of the CBE decided last week to allow the exchange rate to be determined according to market mechanisms. In a statement, the committee explained that this move come to protect the requirements of sustainable devel

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