Business

Dollar price stable at Egypt’s major banks

MENA

The US dollar exchange rate was stable during Sunday’s transactions at Egypt’s major banks.

The dollar value versus the pound has dropped by more than EGP 1.75 since the start of 2019.

At the National Bank of Egypt and Banque Misr, the dollar rate has been stable, recording EGP 16.05 for buying and EGP 16.15 for selling.

The dollar rate registered EGP 16.06 for buying and EGP 16.16 for selling at the Commercial International Bank (CIB).

The dollar value remained stable at the Arab African International Bank to stand at EGP 16.06 for buying and EGP 16.16 for selling.

At the National Bank of Greece, the dollar rate reached EGP 16.05 for buying and EGP 16.15 for selling.

However, at the Suez Canal Bank, the dollar rate recorded EGP 16.07 for buying and EGP 16.17 for selling.

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