Dollar price stable at major Egyptian banks

CAIRO, May 19 (MENA) - The exchange rate of the US dollar was relatively stable during morning transactions on Sunday at major banks, after a wave of declines over the past few days that reached 89 piasters since the beginning of 2019, according to the Central Bank of Egypt (CBE).

At the National Bank of Egypt, Banque Misr, the National Bank of Greece, the Bank of Alexandria, the Commercial International Bank and the Arab African International Bank, the dollar exchange rate settled at EGP 16.99 for buying and EGP 17.09 for selling.

The dollar price stood at EGP 17.00 for buying and EGP 17.10 for selling at the Egyptian Gulf Bank and the Housing and Development Bank.