Economy

US dollar price stable on Wednesday trading

The US dollar exchange rate was stable against the Egyptian pound at the beginning of Wednesday morning trading at banks in Egypt.

The dollar price witnessed a relative decline over the two weeks preceding Eid al-Adha vacation.

The National Bank of Egypt (NBE) set dollar prices at LE17.73 for selling, and LE17.63 for buying.

The Commercial International Bank (CIB), HSBC, and the Bank of Alexandria sold the US dollar at LE17.70, and buying at LE17.60.

Abu Dhabi Islamic Bank (ADIB) had the dollar at LE17.72 for sale, and buying at LE17.62.

The Arab African International Bank had sale prices set at LE17.72, and buying at LE17.62. The National Bank of Greece and al-Baraka Bank had the the US dollar at LE17.71 for sale, and buying at LE17.61.

Edited Translation from Al-Masry Al-Youm

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