The US dollar exchange rate against Egyptian pound declined slightly within bank dealings Sunday in Egypt.
“The trade movement of the US dollar witnessed a state of balance,” in all dealings, said banking experts.
According to the last price updates, the US dollar price dropped by two piasters to a record LE 17.75 for purchase and 17.85 for sale in the National Bank of Egypt (NBE).
In the Commercial Bank of Egypt (CIB), the price declined by five piasters to stand at LE 17.75 for purchase and LE 17.85 for sale and LE 17.78 for purchase and LE17.88 for sale in Bank Misr.
In Banque du Caire and Al-Ahli Bank of Kuwait, the price recorded LE17.75 for purchase and LE17.85 for sale.
In Bank of Alexandria, the price fell to LE 17.78 for purchase and 17.88 for sale, while it went to LE 17.80 for purchase and LE 17.90 for sale in Al-Baraka Bank.
In Abu Dhabi Islamic Bank (ADIB) and HSBC bank, the rates slide down by seven piasters to stand at LE 17.75 for purchase and LE 17.85 for sale and LE 17.77 for purchase and LE17.87 for sale, respectively.
Edited Translation from Al-Masry Al-Youm