Home Business, Finance & Economics Egypt US Dollar in Egypt maintains stable exchange rate on Tuesday

US Dollar in Egypt maintains stable exchange rate on Tuesday

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US Dollar in Egypt maintains stable exchange rate on Tuesday

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On Tuesday, the US dollar prices stabilized remarkably against the Egyptian pound, in the Banque Misr, the National Bank of Egypt, and exchange firms.

 

The Al-Ahram Portal website published Tuesday’s exchange rates for the US dollar:

Banque Misr:

Purchase: LE15.64

Sale: LE15.74

 

National Bank of Egypt:

Purchase: LE15.64

Sale: LE15.74

 

Commercial International Bank:

Purchase: LE15.66

Sale: LE15.76

 

Abu Dhabi Islamic Bank:

Purchase: LE15.68

Sale: LE15.76

 

Central Bank of Egypt:

Purchase: LE15.66

Sale: LE15.75

 

What is the difference between the sale and purchase prices of currencies?

The sale price of currencies is the price at which citizens sell currencies to a bank or exchange company.

The purchase price of currencies is the price at which citizens buy currencies at banks, and is usually higher than the sale price.

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