Cairo – Mubasher: The US dollar exchange rate fell by 1 to 6 piasters against the Egyptian pound at some local banks during Wednesday’s mid-trades.

The USD rate declined by EGP 0.06 to EGP 16.61 for buying and EGP 16.7 for selling at Abu Dhabi Islamic Bank (ADIB).

Meanwhile, the USD rate retreated EGP 0.03 to EGP 16.59 for purchasing and EGP 16.67 for selling at Al Baraka Bank and Misr Iran Development Bank.

Moreover, the USD rate went down EGP 0.02 to EGP 16.58 for buying and EGP 16.68 for selling at Banque Misr, National Bank of Egypt (NBE), and Housing and Development Bank (HDB).

The USD rate also fell by EGP 0.02 to EGP 16.56 for buying and EGP 16.66 for selling at Arab African International Bank (AAIB) and Bank of Alexandria.

Likewise, the USD rate decreased by EGP 0.02 to EGP 16.55 for purchasing and EGP 16.65 for selling at Commercial International Bank (CIB) and the United Bank.

The USD also fell by EGP 0.01 to EGP 16.55 for buying and EGP 16.67 for selling at Bank Audi.

On the other hand, the USD grew by EGP 0.05 to EGP 16.58 for buying and EGP 16.68 for selling at Suez Canal Bank.