CAIRO – The exchange rate of the US dollar against the Egyptian pound was relatively stable at the beginning of Sunday’s trading at Egypt’s major banks.
At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 18.28 for buying and EGP 18.34 for selling.
At the Commercial International Bank (CIB), the dollar exchange rate registered EGP 18.29 for buying and EGP 18.36 for selling.
As for main currencies’ exchange rates, world capital markets and banks are being affected on the back of repercussions of the Russian-Ukrainian crisis, with euro prices decreasing for selling and buying.
The euro price decreased between eight and two piasters to register EGP 19.10 for buying and EGP 18.92 for selling at Banque Misr and the NBE.
At the CIB, the euro price registered EGP 19.93 for buying and EGP 19.12 for selling.
The pound sterling at the NBE and Banque Misr registered EGP 22.22 for buying and EGP 22.49 for selling.
At the CIB, the pound sterling decreased to register EGP 22.23 for buying and EGP 22.51 for selling.
The Saudi riyal price stood at EGP 4.87 for buying and EGP 4.88 for selling at Banque Misr and the NBE. (MENA)
