The prices of the dollar and gold witnessed a noticeable increase in conjunction with the decision of the Central Bank of Egypt to keep interest rates unchanged.
Central bank decision
The Monetary Policy Committee of the Central Bank of Egypt decided in its meeting on Thursday, November 21, 2024, to maintain the overnight deposit and lending rates and the Central Bank’s main operation rate at 27.25%, 28.25%, and 27.75%, respectively. It also decided to keep the credit and discount rates at 27.75%. This decision reflects the latest developments and expectations at the global and local levels since the previous meeting of the Monetary Policy Committee.
Gold prices
Gold prices in Egypt, updated daily, recorded a noticeable increase, as the price of a gram of 24 karat gold reached about 4269 pounds, and a gram of 22 karat gold reached about 3913 pounds.
A gram of 21 karat gold recorded about 3,735 pounds, while a gram of 18 karat gold recorded about 3,201 pounds, and a gold pound achieved about 29,880 pounds.
Dollar price
The US dollar against the Egyptian pound recorded a noticeable increase at the end of today’s trading, Thursday 11-21-2024, according to the latest updates on screens displaying currency rates against the Egyptian pound. Many people are asking about the movement of the price of the dollar against the Egyptian pound in today’s transactions, updated daily.
In the following report, the Banker website displays the price of the dollar against the Egyptian pound in today’s transactions, updated daily.
The price of the dollar in the Central Bank of Egypt
The dollar recorded at the Central Bank of Egypt 49.62 pounds for purchase, and 49.72 pounds for sale.
The price of the dollar in the National Bank of Egypt
The dollar in the National Bank of Egypt reached 49.62 for purchase, and 49.72 for sale, and one pound for sale.
The price of the dollar in the Bank of Egypt
The price of the dollar in Banque Misr recorded 49.62 pounds for purchase, and 49.72 pounds for sale.
The price of the dollar in the Commercial International Bank CIB
The price of the dollar in the Commercial International Bank reached 49.62 pounds for purchase and 49.72 pounds for sale.
The price of the dollar in Abu Dhabi Islamic Bank
The price of the dollar in Abu Dhabi Islamic Bank – Egypt recorded 49.84 pounds for purchase, and 49.94 pounds for sale.
The price of the dollar in the Suez Canal Bank
At the Suez Canal Bank, the price of the dollar recorded 49.62 pounds for purchase, and 49.72 pounds for sale.
The price of the dollar in Credit Agricole Bank
The dollar recorded at Credit Agricole Bank 49.62 pounds for purchase, and 49.72 pounds for sale.
The price of the dollar in HSBC Bank
The price of the dollar at HSBC Bank reached about 49.63 pounds for purchase and 49.73 pounds for sale.
The price of the dollar in Faisal Islamic Bank
The price of the dollar in Faisal Islamic Bank recorded 49.62 pounds for purchase and 49.72 pounds for sale.