Banks
The dollar rate declined to LE 15.88 for buying and LE 15.98 for selling at 11 banks.
"We have the right, as a country, to license gas-powered cars only and to stop licensing new cars that run on gasoline," He added.
The source added that all precautionary measures will be applied to prevent the spread of the pathogen.
The pan-European STOXX 600 index fell 1.1 percent by 0710 GMT, with banks proving a drag after a slew of negative updates.
The decision shall take effect as of next Sunday, May 17, the federation said in a statement Monday.
This gave a boost to both the public and private sectors during the coronavirus crisis, Amer noted.
Deputy President of the Banque Misr Akef el Maghrabi said the bank had LE 28 billion from 117 thousand clients.
Banks will be open from 9:30 a.m. until 1:30 a.m. until the evening curfew ends.
The source said the decision came in light of a trend by all international central banks to down the interest rate on dollars.
Governmental deposits decreased LE 10.6 billion to reach LE 602.9 billion in the end of January, compared to LE 613.5 billion in December 2019.
At the Central Bank of Egypt, the dollar rate went up by one piaster to register LE 15.66 for buying and LE 15.78 for selling.
The source told MENA that banks will be back to work on Sunday.
Attorney General Hamada al-Sawy suspended the fingerprint biometric attendance system for judges and public servants in the prosecution offices nationwide.
The US dollar jumped five piasters in most Egyptian banks recording LE 15.65 for buying and LE 15.75 for selling at Al Ahli bank of Kuwait K.S.C.
At the National Bank of Egypt, the dollar rate receded four piasters, standing at LE 15.58 for buying and LE 15.68 for selling.
The Egyptian pound continues to rise against the US dollar, recording its highest value in three years today.
At the National Bank of Egypt and Banque Misr the dollar price recorded LE 15.68 for buying and LE 15.78 for selling.
At the National Bank of Egypt and Banque Misr, the dollar rate declined by two piasters, recording LE 15.71 for buying and LE 15.81 for selling.
The cooperation will also involve supporting how to cope with the climate changes and alleviate their consequences along with promoting health and education domains.
The nation’s central bank is no longer issuing licenses, making an acquisition the only way of gaining a foothold in the Middle East’s fastest growing economy.