The Central Bank of Egypt (<a href="https:\/\/www.cbe.org.eg\/en\/Pages\/default.aspx" target="_blank" rel="noopener noreferrer">CBE<\/a>) revealed on Wednesday that the average <a href="https:\/\/see.news\/dollar-loses-two-piastres-against-egyptian-pound\/" target="_blank" rel="noopener noreferrer">dollar<\/a> price fell by\u00a0 one piastre against the pound to EGP 15.74 for purchase and EGP 15.84 pounds to sell, compared to EGP 15.75 and EGP 15.85 yesterday.\r\n\r\nThe price of the dollar suffered severe losses during the past month, after losing about 26 piastres, registering the biggest monthly losses against the pound since last September.\r\n\r\nIn the Egyptian market, the US currency recorded EGP 15.74\u00a0 to buy and EGP 15.84 to sell in the National Bank of Egypt (NBE) and Banque Misr.\r\n\r\nAt Al-Baraka and Arab Investment Bank (AIB), the greenback recorded EGP 15.73\u00a0 to buy and EGP 15.83 to sell. As for the BLOM Bank - Egypt, the dollar recorded EGP 15.73 to buy and EGP 15.83 to sell.\r\n\r\nWhile the price at Banque Du Caire, the third largest government bank in Egypt, the dollar recorded\u00a0 EGP 15.73\u00a0 to buy and EGP 15.83 to sell.\r\n\r\nAs for Bank Audi, the price registered EGP 15.74 to buy and EGP 15.84 to sell.\r\n\r\nIn the Bank of Alexandria, the US currency recorded EGP 15.73 to buy and\u00a0 EGP 15.83 to sell. In the UAE, Dubai, he recorded EGP 15.73\u00a0 for purchase and EGP 15.83\u00a0 for sale.\r\n\r\nMeantime, Abu Dhabi Bank recorded the highest dollar price at EGP 15.77\u00a0 to buy and EGP 15.87\u00a0 to sell.\r\n\r\n<img class="aligncenter wp-image-108203 size-full" src="https:\/\/see.news\/wp-content\/uploads\/2020\/02\/dfgdfg.jpg" alt="" width="913" height="494" \/>\r\n\r\nAlso, Misr-Iran Development Bank came as the 1st runner-up in terms of the highest dollar price to record EGP 15.76 to buy and EGP 15.56 to sell.\r\n\r\nLast December, the US currency lost about 7.2 piastres, 1.7 pt. in November, 13.2 pt. in October and 28.5 pt. in September.\r\n\r\nTarek Amer, the governor of the Central Bank, had said recently, that Egypt had received up to $ 200 billion in foreign currency inflows during the past four years.\r\n\r\nIt is noteworthy that the price of the dollar fell by about 11% against the pound in 2019, as foreign flows to the domestic market improved.\r\n\r\nIn a previous report, Bloomberg International predicted that the pound would continue to rise, with the increase in foreign exchange flows.