Economy

US dollar exchange rate rise on Wednesday

The US dollar exchange rate against the Egyptian pound currency slightly increased in Egypt’s banking sector on Wednesday.

According to the latest price updates, the dollar rose one piaster to LE 17.60 for purchase and LE 17.70 for sale in the National Bank of Egypt (NBE), Bank Misr, Bank of Alexandria, Suez Canal Bank and the United Bank.

It declined two piasters in the Arab African International bank (AAIB) recording LE 17.58 for purchase and LE 17.68 for sale, while it was set at LE 17.58 for purchase and LE 17.68 for sale in Bank al-Qahira and the National Bank of Greece (NBG).

In the Commercial International Bank (CIB), the greenback climbed to LE 17.59 for purchase and LE 17.69 for sale, while in the Abu Dhabi Islamic Bank (ADIB) and al-Ahli Bank of Kuwait (ABK) it rose to LE 17.62 for purchase and LE 17.72 for sale.

Finally, in the al-Baraka Bank, the rate settled at LE 17.61 for purchase and LE 17.71 for sale.

Edited translation from al-Masry al-Youm 

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