US dollar price goes down at Egypt's major banks

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Tue, 18 Feb 2020 - 02:06 GMT

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Tue, 18 Feb 2020 - 02:06 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 - 18 February 2020: The US dollar exchange rate went down during Tuesday transactions at Egypt's major banks.

The Egyptian pound continues to rise against the US dollar, recording its highest value in three years today.

At the National Bank of Egypt and Banque Misr, the dollar price declined two piasters, registering LE 15.59 for buying and LE 15.69 for selling.

The dollar price slumped two piasters to record LE 15.57 for buying and LE 15.67 for selling at the Arab African International Bank.

At the Commercial International Bank the price went down one piaster to reach LE 15.57 for buying and LE 15.67 for selling, while the price of the US dollar at the Suez Canal Bank retreated one piaster to register LE 15.59 for buying and LE 15.69 for selling.

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