Egypt: Central Bank Set Sale Price Of US Dollar At 7.73 Pounds

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Central Bank of Egypt has set sale price of US dollar on Sunday, at 7.73 pounds, while its price fell on parallel market against Egyptian pound after scoring a big increase in last few days.

Bankers said that the bank set Dollar price in a tender Sunday, which is the No. 411 since beginning of application of such a mechanism in 2013, banks are allowed to sell it at a price of 7.83 pounds, buy an average of 7.78 pounds to 7.80 pounds, which allows banks to trade dollar at a higher price of 10 piasters for its price.

On the other hand, dollar fell on parallel market during Sunday to 8.17 pounds for sale and 8.14 pounds for buying.

The euro was steady rate in banks at a level of 8.75 pounds for buying and 8.88 pounds for sale, and sterling at 11.98 pounds for buying and 12.10 pounds for sale.

curled from news.egypt.com

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