Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has stabilised earlier on Wednesday at 17 banks.     

The USD has remained unchanged at EGP 16.71 for buying and EGP 16.81 for selling at the National Bank of Egypt (NBE), Banque Misr, and Credit Agricole.

Meanwhile, the USD-EGP exchange rate has settled at the Commercial International Bank (CIB) at EGP 16.67 for buying and EGP 16.77 for selling.

Similarly, the exchange rate between both currencies has been steady at Abu Dhabi Islamic Bank (ADIB) at EGP 16.72 for buying and EGP 16.82 for selling.

Additionally, the USD has stabilised at EGP 16.68 for buying and EGP 16.78 for selling at Housing and Development Bank (HDB), the United Bank, and Arab African International Bank (AAIB).