Egypt Independent

US dollar exchange rate declines



Banks operating in the Egyptian market ended their weekly trade, recording a decline in the dollar exchange rate compared to the Egyptian pound by up to four piasters.

In Banque du Caire, the dollar price recorded LE17.67 for purchase, and LE17.77 for sale, and LE17.69 for purchase and LE17.79 for sale at the National Bank of Egypt.

In the Bank of Alexandria, the Commercial International Bank, Banque Misr, and Abu Dhabi Islamic Bank, the dollar price recorded LE17.68 for purchase, and LE17.78 for sale.

The Saudi Riyal meanwhile recorded LE4.68 for purchase, and LE4.74 for sale at the Bank of Alexandria on Friday. At Cairo International Commercial Bank, Banque du Caire, and ADIB, the dollar recorded LE4.69 for purchase, and LE4.74 for sale.

Edited Translation from Al-Masry Al-Youm