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

CAIRO - 25 July 2019: The US dollar exchange rate maintained its downward trend during transactions at major banks on Thursday.

The dollar value has dropped about 130 piasters since the start of the year.

At the National Bank of Egypt and Banque Misr, the dollar rate declined by one piaster, recording LE 16.54 for buying and LE 16.64 for selling.

At the Commercial International Bank, the dollar rate went down by two piasters, registering LE 16.54 for buying and LE 16.64 for selling.

The dollar price stood at LE 16.55 for buying and LE 16.65 for selling at the Arab African International Bank.

The price dropped three piasters at the Bank of Alexandria, recording LE16.53 for buying and LE 16.63 for selling.

At the National Bank of Greece, the dollar exchange rate was down by one piaster, registering LE 16.55 for buying and LE 16.65 for selling.