Arab Today, arab today exchange market awaits cbe bid on us dollar
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Exchange market awaits CBE bid on US dollar

Arab Today, arab today

Arab Today, arab today Exchange market awaits CBE bid on US dollar

Central Bank of Egypt
Cairo - MENA

A state of anticipation dominated the foreign exchange market for a tender to be offered by the Central Bank of Egypt on Tuesday in light of the sudden rise in the US dollar rate in the previous tenders.

The foreign currency parallel market is also waiting for the CEB move on the US dollar, banking expert Karim Roshdy told MENA.

Foreign exchange companies buy the US dollar for EGP 7.85 and sells it for EGP 7.9, while banks buy it for EGP 7.8 and sells it for EGP 7.83, he said.

 

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