Dollar exchange rate continues downward trend at Egypt's major banks

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Thu, 16 May 2019 - 10:36 GMT

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Thu, 16 May 2019 - 10:36 GMT

The employee of a currency exchange shop counts U.S. dollar banknotes, in Ciudad Juarez, Mexico November 10, 2017 - REUTERS/Jose Luis Gonzalez

The employee of a currency exchange shop counts U.S. dollar banknotes, in Ciudad Juarez, Mexico November 10, 2017 - REUTERS/Jose Luis Gonzalez

CAIRO - 16 May 2019: The US dollar exchange rate continued its downward trend at the close of transaction at major banks on Wednesday.

At the National Bank of Egypt, Banque Misr and the Arab African International Bank, the dollar rate went down by two piasters recording LE 17.1 for buying and LE 17.10 for selling.

The dollar price stood at LE 17 for buying and LE 17.10 for selling at the Alexandria Bank.

At the National Bank of Greece, the dollar rate recorded LE 17.03 for buying and LE 17.13 for selling.

The dollar price stood at LE 16.99 for buying and LE 17.09 for selling at the Commercial International Bank.

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