• Advertise
  • Privacy & Policy
  • Contact
Sunday, July 20, 2025
itida
Egyptian Gazette

Editor-in-Chief

Mohamed Fahmy

Board Chairman

Tarek Lotfy

  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Flight schedules
    • EgyptAir booking
    • Snippets from EgyptAir history
    • EgyptAir history
    • Your Shipment On Time
    • Discover the World of Shopping
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Flight schedules
    • EgyptAir booking
    • Snippets from EgyptAir history
    • EgyptAir history
    • Your Shipment On Time
    • Discover the World of Shopping
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
No Result
View All Result
Egyptian Gazette
No Result
View All Result
Home Business

Foreign currency reserves hike, dollar drops against Egyptian pound

by Gazette Staff
May 6, 2021
in Business
Foreign currency reserves hike, dollar drops against Egyptian pound 1 - Egyptian Gazette
Share on FacebookWhatsapp

The US dollar weakened again against the Egyptian pound amid optimism about a strong performance of the Egyptian currency during the coming period after the Central Bank of Egypt announced an increase in foreign currency reserves during April to stand at $40.343 billion.
The Egyptian pound also strengthened against the background of international reports that recommend increasing international investment funds in the Egyptian capital market.
The greenback lost one penny yesterday in all banks operating in the Egyptian market, to record the lowest buying price in the National Bank of Egypt at LE15.60 and the lowest selling price at LE15.70. It was traded in commercial and private banks at levels ranging between LE15.62 for buying and LE15.73 for selling.
Other international currencies also recorded slight declines against the Egyptian pound yesterday. The average price of the euro reached LE18.71 for buying and LE18.88 for selling, while the sterling pound stood at LE21.66 f

Tags: dollarEgyptian poundForeign currency

Discussion about this post

ADVERTISEMENT
egyptian-gazette-logo

The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.

Follow Us

Gazette Notifications

Would you like to receive notifications on our latest news ?

  • Advertise
  • Privacy & Policy
  • Contact

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Flight schedules
    • EgyptAir booking
    • Snippets from EgyptAir history
    • EgyptAir history
    • Your Shipment On Time
    • Discover the World of Shopping
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.