CBE stabilizes sale price of US dollar at 8.78 pounds
The Central Bank of Egypt
Cairo - MENA
The Central Bank of Egypt (CBE) stabilized the sale price of the US dollar at 8.78 pounds during an auction on Thursday.
The CBE offered 40 million dollars in the periodic auction to banks for an exchange rate of 8.78.
The banks, meanwhile, raised the value of the Egyptian pound against the US dollar by 7 piasters.
At the start of the week, the CBE devalued the Egyptian pound by 14.5% against the US dollar from 7.73 pounds to 8.85 pounds.
Today, the National Bank of Egypt (NBE), the largest governmental bank in the country, announced the exchange rate of the US dollar to be 8.83 for selling and 8.88 for buying.
GMT 09:58 2016 Wednesday ,13 July
CBE fixes US dollar exchange rate at EGP 8.78 in Tuesday auction
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Bucharest - SANA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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