By: Islam Fadl

Cairo – Mubasher: The US dollar exchange rate declined against the Egyptian pound during late trades on Sunday at some local banks.  

The USD dropped by EGP 0.01 to EGP 16.56 for buying and EGP 16.66 for selling at Banque Misr, National Bank of Egypt (NBE), and Bank Audi.

Likewise, the USD fell by EGP 0.02 to EGP 16.55 for buying and EGP 16.65 for selling at Al Ahli Bank of Kuwait – Egypt and the United Bank.

In addition, the USD retreated EGP 0.01 to EGP 16.58 for purchasing and EGP 16.68 for selling at Abu Dhabi Islamic Bank (ADIB).

Meanwhile, the USD has been steady at Commercial International Bank (CIB) and Bank of Alexandria at EGP 16.55 for buying and EGP 16.65 for selling.