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Dollar rates against major currencies September 2

Dollar rates against major currencies September 2

The currency market in Egypt has experienced fluctuations in recent days, with increased demand for the US dollar, leading to a rise in its value against the Egyptian pound. In the latest update from the Central Bank, the dollar’s exchange rate stands at 50.86 pounds for buying and 51.00 pounds for selling. The euro is priced at 58.95 for buying and 59.12 for selling, while the British pound is at 68.82 for buying and 69.03 for selling. The Saudi riyal is listed at 13.54 for buying and 13.58 for selling, the Kuwaiti dinar at 165.58 for buying and 166.08 for selling, and the UAE dirham at 13.84 for buying and 13.88 for selling. Market expectations indicate that these fluctuations are likely to continue due to the ongoing high demand for the US dollar.

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