On Tuesday, the price of the US dollar witnessed a decline at the end of the day against the Egyptian pound in all banks operating in the Egyptian market.
The price of the dollar against the pound recorded a new decline in the Central Bank of Egypt, to record LE19.6217 for purchase, and LE19.7284 for sale.
The price of the dollar in the National Bank of Egypt recorded LE19.63 for purchase, and LE19.69 for sale.
The price of the dollar in Egyptian banks, on Tuesday, October 18, 2022:
Commercial International Bank
LE 19.65 for purchase
LE 19.71 for sale
National Bank of Egypt and Banque Misr
LE19.63 for purchase
LE 19.69 for sale
HSBC Bank
LE19.59 for purchase
LE 19.69 for sale
Central Bank of Egypt
LE19.6217 for purchase
LE19.7284 for sale
Ashraf Ghorab said that the Monetary Policy Committee of the Central Bank will fix the interest rate unchanged during its meeting next November, at 11.25 percent for deposit and 12.25 percent for lending, stressing that the Monetary Policy Committee of the Central Bank may fix the interest rate so as not to increase borrowing burdens on companies and the private sector.
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