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Thursday, 23 September 2021

Dollar exchange rate continues downward trend at private banks in Egypt

MENA , Monday 29 Jul 2019
File Photo: An employee counts U.S. dollars in a foreign exchange office in central Cairo, Egypt. (Photo: Reuters)

The US dollar exchange rate maintained its downward trend during transactions at private banks on Sunday.

The dollar value has dropped about 1.31 pound since the start of the year.

At the National Bank of Egypt and Banque Misr, the dollar rate stood at EGP 16.54 for buying and EGP 16.64 for selling.

At the Commercial International Bank, the dollar rate went down by two piasters, registering EGP 16.52 for buying and EGP 16.62 for selling.

The dollar price declined by one piaster to register EGP 16.54 for buying and EGP 16.64 for selling at the Arab African International Bank.

The price was stable at the Bank of Alexandria, recording EGP 16.53 for buying and EGP 16.63 for selling.

At the National Bank of Greece, the dollar exchange rate was down by one piaster, registering EGP 16.54 for buying and 16.64 for selling. 

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