Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised earlier on Thursday at 18 banks.

The USD rate remained stable at EGP 16.9 for buying and EGP 17 for selling at National Bank of Egypt (NBE), Banque Misr, and Al Baraka Bank.

Likewise, the USD settled against the EGP at the Commercial International Bank (CIB) at EGP 16.88 for purchasing and EGP 16.98 for selling.

Meanwhile, the USD-EGP exchange rate remained unchanged at EGP 17 for buying and EGP 17.09 for selling at Abu Dhabi Islamic Bank (ADIB).

Furthermore, the exchange rate between both currencies settled at Housing and Development Bank (HDB), Suez Canal Bank, and Egyptian Gulf Bank (EGB) at EGP 16.89 for purchasing and EGP 16.99 for selling.