Dollar rate down at Egypt's major banks

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Wed, 15 Jan 2020 - 11:31 GMT

U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo

U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration/File Photo

CAIRO - 15 January 2020: The US dollar exchange rate dropped during morning transactions on Wednesday at a number of the major banks in Egypt after it went down by 3 piasters on Tuesday's transactions.

At the National Bank of Egypt and Banque Misr, the dollar rate declined two piasters, recording LE 15.83 for buying and LE 15.93 for selling.

At the Arab African International Bank, the dollar rate decreased by three piaster to record LE 15.81 for buying and LE 15.91 for selling.

The dollar rate also decreased two piasters at the Commercial International Bank, registering LE 15.81 for buying and LE 15.91 for selling.

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