A surprise in the price of the dollar at the end of trading… gold rises again… and a jump in dollar savings at the Central Bank… and a record rise in foreign deposits

Dear followers everywhere, welcome to the Banker platforms in a new round, the latest updates on the prices of the dollar, currencies, and gold, and our latest economic news at the close of today’s transactions, Sunday, December 1, 2024.

Starting with the dollar prices in the Central Bank of Egypt and operating banks at the end of Sunday’s trading

The price of the dollar decreased slightly at the end of trading on Sunday

The price of the dollar at the Central Bank stabilized at 49.53 pounds for purchase and about 49.65 pounds for sale at the end of trading.

The price of the dollar stabilized today, Sunday, at the Commercial International Bank at 49.53 pounds for purchase and about 49.63 pounds for sale.

The price of the dollar in the Arab African International Bank recorded 49.64 pounds for purchase and 49.54 pounds for sale

The price of the dollar today, Sunday, in the United Bank, was recorded at 49.53 pounds for purchase and 49.63 pounds for sale.

The price of the dollar stabilized today, Sunday, at Banque Misr at 49.53 pounds for purchase and 49.63 pounds for sale.

Today, Sunday, the price of the dollar at the Bank of Alexandria reached 49.54 pounds for purchase and 49.64 pounds for sale.

The price of the dollar today, Sunday, at the National Bank of Egypt, was recorded at 49.53 pounds for purchase and about 49.63 pounds for sale.

While the price of the dollar fell today, Sunday, at Abu Dhabi Islamic Bank, recording 49.56 pounds for purchase and 49.65 pounds for sale.

From the dollar to international currency rates on Live Today

Most currency prices rose against the pound at the close of trading on Sunday, according to the latest update by the Central Bank of Egypt.

The price of the euro today in the Central Bank of Egypt was 52.37 pounds for purchase and 52.52 pounds for sale.

The price of the pound sterling today in the Central Bank of Egypt was recorded at 63 pounds for purchase and 63.26 pounds for sale.

The price of the Swiss franc in the Central Bank was 56.21 pounds for purchase and 56.37 pounds for sale.

The price of 100 Japanese yen in the Central Bank of Egypt reached 33 pounds to buy and 33.16 pounds to sell.

Today, the price of the Saudi riyal in the Central Bank reached 13.18 pounds for purchase and about 13.21 pounds for sale.

The price of the Kuwaiti dinar today was recorded at about 161.32 pounds for purchase and 161.75 pounds for sale.

The price of the UAE dirham today at the Central Bank was 13.48 pounds for purchase and about 13.51 pounds for sale.

Today, the price of the Chinese yuan reached about 6.83 pounds for buying and about 6.85 pounds for selling.

From the dollar and currencies, we are still with you on Live today, and we will go to the goldsmiths and the latest gold prices in Egypt at the beginning of trading today, Sunday.

Gold prices in Egypt vary depending on the workmanship from one store to another, as the average price of workmanship and stamping in goldsmiths’ shops ranges between 30 and 65 pounds, depending on the type of gold caliber and according to the goldsmiths’ shops, and from one governorate to another, and from one merchant to another.

The price of gold rose by 7 pounds in Egypt at the middle of Sunday’s trading, compared to its level at the beginning of morning trading, according to Naguib Club, former Secretary General of the Gold Division at the Cairo Chamber of Commerce.

The price of 24 karat gold rose to 4217 pounds per gram.

The price of 21 carat gold increased to 3,690 pounds per gram.

The price of 18 karat gold rose to 3,163 pounds per gram.

The price of 14 karat gold rose to 2460 pounds per gram

The price of the gold pound rose to 29,520 pounds, and the price may vary from one merchant to another, and this price is equal to the value of gold in the pound.

The global price of gold rose by 0.20% to about $26,463 per ounce (an ounce is equivalent to about 31.1 grams of 24-karat gold), at the end of Friday’s trading, according to the latest update of Bloomberg data.

From the dollar, currencies and gold, we are still continuing with you today on Live and a quick tour of the most important economic and financial news..

Starting with the Central Bank of Egypt, the first of which is the rise in non-governmental foreign currency deposits in Egyptian banks by about $6.1 billion during the first 10 months of this year, reaching $56.6 billion at the end of last October, compared to $50.5 billion at the end of December 2023, according to data from the Central Bank of Egypt. .

The data showed that Egyptian banks received foreign savings worth $700 million during last October alone, bringing deposit balances in foreign currency from $55.9 billion at the end of last September to $56.6 billion at the end of last October.

The next news from the Central Bank was regarding the jump in foreign savings at local banks to their highest rate since the beginning of the year last September, at a value of $1.38 billion.

In its monthly report, the Central Bank of Egypt revealed a slight increase in the volume of demand deposits in foreign currencies, reaching $14 billion by the end of October.

The value of time deposits and savings certificates increased by about $66 million during the month of September, reaching $42.7 billion, compared to $42.04 billion at the end of the previous September. Last month, the National Bank of Egypt and Egypt, the two largest government banks, reduced the interest on 3-year dollar savings certificates by about 0.5%, to 6.5% and 8.5%, according to the type of certificate.

The latest news in today’s roundup of banks operating in the local market that began opening accounts for free and without a minimum, today, Sunday, December 1, until December 15, on the occasion of the International Day of People with Disabilities.

The Central Bank has identified a set of proposed activities that can be implemented during financial inclusion events, including allowing banks to be present outside their branches and offering appropriate banking products, provided that the Banking Affairs Sector of the Central Bank is informed of the locations of the presence.

In previous instructions, the Central Bank stressed the necessity of opening accounts for new customers without fees and without a minimum, and issuing prepaid cards or debit cards to customers and encouraging them to activate and use them in purchasing transactions.



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