Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Customs Dollar Rises to EGP 18.56


Wed 23 Mar 2022 | 12:03 AM
Taarek Refaat

The price of the customs dollar for all imports, except for basic commodities and production requirements, increased to reach the level of EGP 18.5684, compared to EGP 18.2884.

The price of the customs dollar is relied upon in calculating the customs tax on goods that are imported from abroad, and it is applied on the working day following its official announcement by the Ministry of Finance.

The ministry had announced yesterday that the price would be fixed at the level of EGP 16 until the end of this month, for basic commodities and production requirements, while the rest of the commodities are subject to the official prices that are announced daily by the Central Bank of Egypt.

According to central data, the price of the dollar rose to the level of EGP 18.5684 at the end of trading today, compared to EGP 18.2884 yesterday.

The euro exchange rate also jumped to EGP 20.4382 at the end of trading today, compared to EGP 20.1885 yesterday.

The pound sterling exchange rate rose to EGP 24.5622 at the end of trading today, compared to EGP 20,038 yesterday.

It also witnessed the exchange of the Saudi riyal to EGP 4.9500 at the end of trading today, compared to EGP 4.8751 yesterday.