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Get to Know Value of Egyptian Pound against BRICS Currencies


Sun 03 Sep 2023 | 09:41 PM
Taarek Refaat

A large number of Egyptians are interested in knowing and following the prices of BRICS members' currencies against the Egyptian pound, especially after Egypt’s official request to join the bloc.

SeeNews publishes in the following report the value of the BRICS currencies, including “Russian rouble, Chinese yuan, Argentine peso, South African rand, Brazilian real”  against the Egyptian pound, on Sunday, according to the latest daily update.

The price of the Russian rouble against the pound

1 Russian rouble = 3.7 Egyptian pounds

The price of the Chinese yuan against the Egyptian pound

1 Chinese renminbi = 4.3379 Egyptian pounds

The price of the South African rand against the Egyptian pound

1 South African Rand = 1.6909 Egyptian Pound

The price of the Brazilian real against the Egyptian pound

1 Brazilian reals = 6.4225 Egyptian pounds

The price of the Indian rupee against the Egyptian pound

1 Indian rupees = 3.772 Egyptian pounds

While the price of the Egyptian pound against the Ethiopian birr reaches 1.78 birr.

The price of the Egyptian pound against the Argentine peso was 11.33 pesos.

The average price of the Egyptian pound against the Iranian riyal was about 1,367 thousand Iranian riyals.

The price of the Egyptian pound against the Emirati dirham

The price of the UAE dirham against the pound at the Central Bank of Egypt reached 8.39 pounds to buy and 8.42 pounds to sell.

The price of the Saudi riyal against the Egyptian pound in the Central Bank of Egypt was 8.22 pounds to buy and 8.25 pounds to sell.

BRICS single currency

Over the past few days, talk has increased that the BRICS common currency will be discussed at a symposium next month. However, the Governor of the Bank of Russia, Elvira Nabiullina, stated that launching a common currency may be difficult.

There have been claims that the output of the economies of Brazil, Russia, India, China and South Africa (BRICS) is now larger than the G7 economies combined, and the confirmation adds weight to the potential impact of a new currency.