Cairo – Mubasher: The US dollar exchange rate slashed by EGP 0.1 to EGP 0.4 against the Egyptian pound on Monday.

The USD rate fell by EGP 0.3 to EGP 17.31 for buying and EGP 17.41 for selling at the National Bank of Egypt (NBE), while it slipped by EGP 0.1 to EGP 17.33 for buying and EGP 17.43 for selling at Banque Misr.

At the Commercial International Bank (CIB), the greenback slid EGP 0.3 to EGP 17.30 for purchasing and EGP 17.40 for selling.

Similarly, the USD exchange rate at Bank Audi and Egyptian Gulf Bank (EG Bank) decreased by EGP 0.4, recording EGP 17.31 for buying and EGP 17.41 for selling.

Meanwhile at Abu Dhabi Islamic Bank – Egypt (ADIB), the USD rate remained stable at EGP 17.41 for purchasing and EGP 17.45 for selling.