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Dollar exchange rate sees slight decline on Monday: Egypt banks

US dollar prices against the Egyptian pound declined in several Egyptian banks on Monday after the greenback maintained prices in October and the first week of November.

According to the latest price updates, the exchange rate of the dollar in the Commercial International Bank (CIB) recorded LE 17.56 for purchase and LE 17.66 for sale, down from LE 17.58 for purchase and LE 17.68 for sale.

In the National Bank of Egypt (NBE), Bank al-Qahira, and Bank of Alexandria, the dollar declined by two piasters, recording LE 17.58 for purchase and LE 17.68 for sale.

The dollar settled at LE 17.59 for purchase and LE 17.69 for sale in Bank Misr, Bank al-Baraka, the Abu Dhabi Islamic Bank (ADIB), the United Bank, the Egyptian Gulf Bank (EGBANK).

Edited Translation from al-Masry al-Youm

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