Cairo – Mubasher: The US dollar exchange rate against the Egyptian pound has settled earlier on Wednesday at some local banks.
The USD has stabilised at EGP 16.56 for buying and EGP 16.66 for selling at National Bank of Egypt (NBE), Banque Misr, Commercial International Bank (CIB), and Housing and Development Bank (HDB).
Likewise, the USD has remained unchanged at EGP 16.56 for purchasing and EGP 16.66 for selling at Arab African International Bank (AAIB) and National Bank of Greece – Egypt.
Additionally, the USD registered EGP 16.58 for buying and EGP 16.67 for selling at Abu Dhabi Islamic Bank (ADIB).
Meanwhile, the exchange rate between both currencies has been steady at Bank Audi, Egyptian Gulf Bank, Al Ahli Bank of Kuwait, Al Baraka Bank, Credit Agricole, Suez Canal Bank, and Bank of Alexandria at EGP 16.57 for buying and EGP 16.67 for selling.