Egypt Independent

US dollar exchange rate steadies on Tuesday



The exchange rate of the US dollar against the Egyptian pound steadied on Tuesday after a remarkable increase last week.

The latest prices show the US dollar settled at LE 17.69 for purchase and LE 17.79 for sale in the National Bank of Egypt (NBE) and Banque Misr.

At the Arab African International Bank (AAIB), the US dollar steadied at LE 17.72 for purchase and LE 17.82 for sale.

For both the Al Baraka Bank and the Al Ahli Bank of Kuwait (ABK), the US dollar settled at LE 17.78 for purchase and LE 17.88 for sale.

While at the Banque Du Caire and the Bank of Alexandria, the US dollar increased by a piaster, recording LE 17.76 for purchase and LE 17.86 for sale.

Similarly, at the Abu Dhabi Islamic Bank (ADIB), the US dollar increased by a piaster, recording LE 17.78 for purchase and LE 17.88 for sale.

Edited translation from Al-Masry Al-Youm