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

The USD has settled at National Bank of Egypt (NBE), Banque Misr, Bank Audi, Misr Iran Development Bank, and Housing and Development Bank (HDB) at EGP 16.6 for buying and EGP 16.7 for selling. 

Meanwhile, the USD has remained unchanged at EGP 16.55 for purchasing and EGP 16.65 for selling at Commercial International Bank (CIB).

Likewise, the USD has been steady at Abu Dhabi Islamic Bank (ADIB) at EGP 16.69 for buying and EGP 16.79 for selling.

Moreover, the exchange rate between both currencies has stabilised at EGP 16.57 for buying and EGP 16.67 for selling at Al Ahli Bank of Kuwait and the United Bank.