Dear followers on all Banker platforms, welcome to a new tour and the latest prices in the financial markets, currencies and precious metals in the middle of today’s trading, Tuesday, March 5, 2024.
Starting with the black market for the dollar and the continuation of the major collapse that you have been experiencing since the announcement of the huge deals in Ras al-Hikma and other areas.
The dollar recorded on the black market, which now closed between 34 and 36 pounds, with transactions almost halting since the signing of the Ras al-Hikma deal, the influx of huge investments, and the continuation of security campaigns on currency traders.
As we know, there are many reasons for the fall of the dollar on the black market, which began before even the Ras al-Hikma deal, and the starting blow was the strong and intense security campaigns on currency traders, which were able to kill a large number of whales of corruption, currency, gold, and the dollar, and killed millionaires and billionaires, businessmen and officials as well, and the law is not in place. big.
Two hours after Ras El Hikma, the black market began to collapse from 62 pounds until now, reaching a range of 34 pounds to 36 pounds. And still, with the new deals that the government will announce soon in El Alamein, the Red Sea, Sinai, and downtown, the dollar will fall in price even in the banks, because the whole issue is supply and demand, and tomorrow we will see. When the pound regains all its strength, how much will it be?
From the dollar to Arab currencies, which also collapsed dramatically in recent days for the first time. The price of the Saudi riyal on the black market is close to the bank rate.. There is also a collapse in the price of the Kuwaiti dinar on the black market..
Today, the price of the Saudi riyal recorded a new decline on the black market. Coinciding with the implementation of the Ras El Hekma deal, $35 billion was pumped into Egyptian banks within two months, and it is now recorded in the parallel market between 9.5 and 9.75 pounds.
The price of the Kuwaiti dinar fell by 30 pounds in a week, since the government announced the major investment deal, and then implemented the Ras al-Hekma deal with Emirati investors. To score between 120 and 130 pounds in the parallel market.
With the collapse of the dollar and currency prices in the market, traders began to publish unreal prices in the hope of raising the price and attracting traders to the black market, but with the amount of risk and the false prices, all their attempts failed.
From the black market, we go to the Central Bank and get the latest prices for the dollar and currencies in the middle of today’s trading, Tuesday.
The average price of the dollar at the Central Bank of Egypt was 30.83 pounds for purchase and 30.96 pounds for sale.
The price of the dollar in the National Bank reached 30.75 pounds for purchase, 30.85 pounds for sale
The price of the dollar in Banque Misr recorded 30.75 pounds for purchase, 30.85 pounds for sale
The Commercial International Bank offered the price of the dollar at 30.85 pounds for purchase and 30.95 pounds for sale.
The price of the dollar at Qatar National Al Ahli Bank recorded 30.85 pounds for purchase, 30.95 pounds for sale.
The price of the dollar in Faisal Bank recorded 30.85 pounds for purchase, 30.95 pounds for sale
The price of the dollar in Abu Dhabi Islamic Bank recorded 30.90 pounds for purchase, 30.95 pounds for sale.
The price of the dollar against the Egyptian pound inside the branches of the Cairo Bank reached levels of 30.85 pounds for purchase, compared to 30.95 for sale.
The price of the dollar against the Egyptian pound inside the branches of the National Bank of Kuwait reached 30.85 pounds for purchase, compared to 30.95 for sale.
At the level of Islamic banks, the price of the dollar inside Al Baraka Bank against the pound came at 30.85 pounds for purchase, and 30.95 for sale.
The price of the dollar on the SAIB Bank website reached 30.85 pounds for purchase at the end of trading, and 30.95 for sale.
Med Bank displayed the price of the dollar against the Egyptian pound in branches and websites at levels of 30.85 pounds for purchase, and 30.95 for sale.
From the dollar, we will go to the prices of Arab and foreign currencies in the middle of bank transactions.
The average price of the euro in the Central Bank of Egypt was 33.47 pounds for purchase and 33.61 pounds for sale.
While the average price of the pound sterling at the Central Bank was 39.09 pounds for purchase and 39.25 pounds for sale.
The price of the Swiss franc in the Central Bank of Egypt stabilized at 34.89 pounds for purchase and 35.03 pounds for sale.
100 Japanese yen was recorded at the Central Bank at 20.50 pounds to buy and 20.58 pounds to sell.
As for the Kuwaiti dinar, it recorded 100.24 pounds for purchase and 100.66 pounds for sale.
The price of the Qatari riyal in the Central Bank of Egypt stabilized at 8.45 pounds for purchase and 8.49 for sale.
I am still with you on the mid-day tour and the latest gold prices at mid-dealing
The price of gold rose today, Tuesday, March 5, 2024, during the middle of trading, affected by the rise in the price of the yellow metal globally, and the price of an ounce exceeded the level of $2,100, as the price of a gram of 21 carat gold rose by 120 pounds from the beginning of the day.
According to the Goldsmiths Division of the General Federation of Chambers of Commerce
The price of 24 karat gold recorded 3,303 pounds in mid-day trading
The price of 21 carat gold reached 2,890 pounds in mid-day trading
The price of 18 carat gold reached 2744 pounds during mid-Tuesday trading
The price of the gold pound recorded in mid-trading about 23,120 pounds.
Globally, the price of gold recorded $2,126 per ounce in mid-trading.
From the Egyptian goldsmiths to the gold market in Saudi Arabia in today’s trading, Tuesday…and the price of gold in Saudi Arabia today, Tuesday, March 5, 2024, witnessed changes in the price of buying and selling the yellow metal.
The price of 24 karat gold was recorded today, Tuesday, March 5, in Saudi Arabia
About 251 Saudi riyals
The price of 21 carat gold in Saudi Arabia reached about 219 Saudi riyals
The price of 22 carat gold in Saudi Arabia reached about 230 Saudi riyals
The price of 18 carat gold in Saudi Arabia was about 188 Saudi riyals
The price of the gold pound in Saudi Arabia was about 1,758 Saudi riyals.
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